Filed April 29, 2024 (most recent of 7 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
GROOM LAW GROUP3 years Filed as: GROOM LAW GROUP, CHARTERED Service code 29 · EIN 52-1219029 | Legal | $37,033 |
Service code 37 · EIN 04-2647786 | Loan Processing | $18,630 |
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 | $232,909 | $96,403+141.6% | $93,621+148.8% | $77,775+199.5% |
| Participation rate | 98.2% | 87.6%+10.6pp | 75.8%+22.4pp | 73.2%+25.0pp |
| Annual return | 28.98% | 39.36%-10.4pp | 32.76%-3.8pp | 32.58%-3.6pp |
| Employer contribution / active EE | $13,692 | $3,616+278.7% | $2,719+403.6% | $2,504+446.8% |
| Participant deferral / active EE | $15,087 | $5,341+182.5% | $4,070+270.7% | $3,966+280.4% |
| Admin fee / account holder | $16 | $90-81.7% | $7,890-99.8% | $100-83.7% |