Filed April 11, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $65,290 |
Service code 37 · EIN 04-2647786 | Loan Processing | $1,163 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $223,254 | $74,089+201.3% | $133,975+66.6% | $55,167+304.7% |
| Participation rate | 97.9% | 84.3%+13.6pp | 87.1%+10.9pp | 69.0%+28.9pp |
| Annual return | 6.84% | 12.11%-5.3pp | 29.29%-22.5pp | 169.23%-162.4pp |
| Employer contribution / active EE | $20,377 | $3,064+565.1% | $5,211+291.0% | $1,963+938.3% |
| Participant deferral / active EE | $10,374 | $4,678+121.8% | $6,282+65.1% | $3,054+239.7% |
| Admin fee / account holder | $555 | $458+21.1% | $9,324-94.0% | $504+10.1% |