Filed January 26, 2016 (most recent of 2 filings on file)
Total covered: 188 employees
| Provider | Service type | Compensation |
|---|---|---|
FINANCIAL ENGINES8+ years Service code 27 · EIN 77-0473565 | Advisory (Plan) | $581,775 |
Service code 37 · EIN 04-2647786 | Loan Processing | $460,313 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,987 | $106,087+2.7% | $86,717+25.7% | $78,104+39.5% |
| Participation rate | 96.2% | 89.6%+6.6pp | 76.6%+19.6pp | 74.5%+21.7pp |
| Annual return | -25.26% | -14.87%-10.4pp | 35.97%-61.2pp | 10.90%-36.2pp |
| Employer contribution / active EE | $4,363 | $4,110+6.1% | $2,837+53.8% | $3,128+39.5% |
| Participant deferral / active EE | $7,556 | $6,851+10.3% | $4,657+62.3% | $5,089+48.5% |
| Admin fee / account holder | $100 | $81+23.5% | $7,494-98.7% | $79+27.0% |