Filed September 12, 2019 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
THE BENEFIT PRACTICE2 years Service code 13 1055 WASHINGTON BLVD.SUITE 610 · STAMFORD, CT 069012218 | Contract Administrator | $1,900 |
AMERICAN FUNDS2 years Filed as: CAPITAL RESEARCH AND MANAGEMENT COM Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071 | Recordkeeping Fees | $978 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,546 | $55,002-19.0% | $59,899-25.6% | $56,289-20.9% |
| Participation rate | 65.3% | 75.9%-10.6pp | 74.7%-9.4pp | 69.9%-4.6pp |
| Annual return | -8.10% | 1.13%-9.2pp | 3.46%-11.6pp | -9.96%+1.9pp |
| Employer contribution / active EE | $2,847 | $2,448+16.3% | $2,723+4.6% | $2,111+34.8% |
| Participant deferral / active EE | $3,915 | $3,121+25.4% | $3,402+15.1% | $3,350+16.9% |
| Admin fee / account holder | $8 | $236-96.5% | $3,592-99.8% | $521-98.4% |