Filed January 16, 2018
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| Provider | Service type | Compensation |
|---|---|---|
MERCER2+ years Filed as: MERCER HR SERVICES LLC Service code 15 · EIN 20-1932099 | Recordkeeping | $857,445 |
WILLIS TOWERS WATSON US LLC2+ years Filed as: TOWERS WATSON DELAWARE INC. Service code 15 · EIN 53-0181291 | Recordkeeping | $756,860 |
THE BANK OF NEW YORK MELLON2+ years Service code 21 · EIN 13-5160382 | Bank Trustee | $456,495 |
STATE STREET GLOBAL ADVISORS2+ years Service code 25 · EIN 04-1867445 | Directed Trustee | $396,206 |
BLACKROCK2+ years Filed as: BLACKROCK INST. TRUST CO., N.A. Service code 21 · EIN 94-3112180 | Bank Trustee | $312,811 |
GOLDMAN SACHS2+ years Filed as: GSAM STABLE VALUE, LLC Service code 28 · EIN 13-3575636 | Investment Management | $258,055 |
ERNST & YOUNG LLP2+ years Filed as: ERNST & YOUNG, LLP Service code 49 · EIN 34-6565596 | Other Services | $183,451 |
COLGATE-PALMOLIVE COMPANY2+ years Service code 35 · EIN 13-1815595 | Employee (plan sponsor); Direct payme... | $147,667 |
Filed as: BRANDYWINE GLOBAL INV MGMNT LLC Service code 28 2929 ARCH STREET · PHILADELPHIA, PA 19104 | Investment Management | $116,279 |
GRANT THORNTON LLP2+ years Service code 10 · EIN 36-6055558 | Accounting | $107,626 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $406,477 | $117,928+244.7% | $78,002+421.1% | $65,292+522.6% |
| Participation rate | 99.0% | 85.6%+13.4pp | 75.5%+23.5pp | 72.4%+26.6pp |
| Annual return | 3.42% | 11.37%-7.9pp | 425.99%-422.6pp | 11.84%-8.4pp |
| Employer contribution / active EE | $4,164 | $3,999+4.1% | $2,470+68.6% | $2,302+80.9% |
| Participant deferral / active EE | $9,229 | $5,945+55.2% | $3,497+163.9% | $3,579+157.9% |
| Admin fee / account holder | $459 | $66+594.3% | $5,481-91.6% | $57+700.9% |