Filed November 2, 2022
Total covered: 34 employees
| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.10+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $11,835 |
Form 5500 reported that benefits due were not provided when due.
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $276,619 | $148,970+85.7% | $133,698+106.9% | $200,096+38.2% |
| Participation rate | 99.1% | 79.4%+19.7pp | 76.4%+22.7pp | 72.0%+27.1pp |
| Annual return | 17.19% | 27.07%-9.9pp | 580.90%-563.7pp | 34.26%-17.1pp |
| Employer contribution / active EE | $9,581 | $3,561+169.0% | $4,218+127.2% | $3,038+215.4% |
| Participant deferral / active EE | $13,422 | $6,140+118.6% | $7,016+91.3% | $5,090+163.7% |
| Admin fee / account holder | $5 | $144-96.5% | $6,703-99.9% | $269-98.2% |