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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $95,553 | $65,557+45.8% | $64,056+49.2% | $71,457+33.7% |
| Participation rate | 68.2% | 73.2%-4.9pp | 72.3%-4.1pp | 67.9%+0.3pp |
| Annual return | 14.04% | 18.94%-4.9pp | 33.69%-19.6pp | 28.85%-14.8pp |
| Employer contribution / active EE | $4,197 | $2,669+57.3% | $2,747+52.8% | $2,588+62.2% |
| Participant deferral / active EE | $6,531 | $3,626+80.1% | $3,880+68.3% | $4,289+52.3% |
| Admin fee / account holder | $57 | $616-90.7% | $3,068-98.1% | $1,587-96.4% |