Filed September 12, 2019 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
THE BENEFIT PRACTICE7 years Service code 13 1055 WASHINGTON BLVD.SUITE 610 · STAMFORD, CT 069012218 | Contract Administrator | $8,532 |
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $938 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $95,553 | $65,582+45.7% | $64,101+49.1% | $71,511+33.6% |
| Participation rate | 68.2% | 73.2%-5.0pp | 72.3%-4.1pp | 67.9%+0.3pp |
| Annual return | 14.04% | 18.96%-4.9pp | 33.72%-19.7pp | 28.86%-14.8pp |
| Employer contribution / active EE | $4,197 | $2,671+57.2% | $2,749+52.7% | $2,589+62.1% |
| Participant deferral / active EE | $6,531 | $3,628+80.0% | $3,881+68.3% | $4,291+52.2% |
| Admin fee / account holder | $57 | $616-90.7% | $3,070-98.1% | $1,588-96.4% |