Filed January 16, 2018
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| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS LLC7 years Filed as: ALIGHT SOLUTIONS, LLC Service code 15 · EIN 82-1061233 | Recordkeeping | $1,003,387 |
BLACKROCK9+ years Filed as: BLACKROCK INST. TRUST CO., N.A. Service code 21 · EIN 94-3112180 | Bank Trustee | $777,720 |
T ROWE PRICE RPS INC7 years Filed as: T. ROWE PRICE ASSOCIATES, INC. Service code 28 · EIN 52-0556948 | Investment Management | $674,146 |
THE BANK OF NEW YORK MELLON9+ years Service code 21 · EIN 13-5160382 | Bank Trustee | $455,374 |
WILLIS TOWERS WATSON US LLC5 years Service code 16 · EIN 53-0181291 | Consulting | $435,103 |
STATE STREET GLOBAL ADVISORS9+ years Service code 25 · EIN 81-4017137 | Directed Trustee | $300,000 |
GOLDMAN SACHS9+ years Filed as: GSAM STABLE VALUE, LLC Service code 28 · EIN 13-3575636 | Investment Management | $265,871 |
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN, LEWIS & BOCKIUS Service code 29 · EIN 23-0891050 | Legal | $227,209 |
GRANT THORNTON LLP9+ years Service code 10 · EIN 36-6055558 | Accounting | $135,508 |
AON CONSULTING2 years Filed as: AON INVESTMENTS USA INC. Service code 17 · EIN 36-3109431 | Pension Consulting | $110,000 |
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 | $394,592 | $136,310+189.5% | $98,462+300.8% | $103,590+280.9% |
| Participation rate | 82.6% | 89.2%-6.6pp | 75.2%+7.4pp | 73.3%+9.3pp |
| Annual return | 13.39% | 19.67%-6.3pp | 21.17%-7.8pp | 33.13%-19.7pp |
| Employer contribution / active EE | $9,806 | $4,714+108.0% | $3,049+221.6% | $3,213+205.2% |
| Participant deferral / active EE | $10,001 | $7,358+35.9% | $4,738+111.1% | $5,214+91.8% |
| Admin fee / account holder | $325 | $76+327.5% | $8,875-96.3% | $114+185.2% |