Filed August 3, 2022 (most recent of 2 filings on file)
Total covered: 2,748 employees
| Provider | Service type | Compensation |
|---|---|---|
Filed as: J.P. MORGAN INVESTMENT MANAGEMENT Service code 27 · EIN 13-3200244 | Advisory (Plan) | $1,260,606 |
WEDGE CAPITAL MANAGEMENT1+ years Service code 28 · EIN 56-1557450 | Investment Management | $963,905 |
THE BANK OF NEW YORK MELLON1+ years Filed as: MELLON CAPITAL Service code 28 · EIN 25-6078093 | Investment Management | $960,695 |
WELLS FARGO BANK, N.A.1+ years Filed as: GALLIARD CAPITAL MANAGEMENT, INC Service code 28 · EIN 41-1813702 | Investment Management | $793,055 |
PGIM INVESTMENTS1+ years Filed as: JENNISON ASSOCIATES, LLC Service code 28 · EIN 22-2540245 | Investment Management | $771,850 |
JPMORGAN INVEST HOLDINGS LLC1+ years Filed as: JPMORGAN CHASE BANK, N.A. Service code 10 · EIN 13-4994650 | Accounting | $726,115 |
PINNACLE ASSOCIATES LTD1+ years Filed as: PINNACLE ASSOCIATES Service code 28 · EIN 13-3220717 | Investment Management | $681,300 |
BOSTON PARTNERS1+ years Filed as: ROBECO BOSTON PARTNERS Service code 28 · EIN 98-0202744 | Investment Management | $508,945 |
WELLINGTON TRUST COMPANY1+ years Filed as: WELLINGTON MANAGEMENT Service code 28 · EIN 04-2683227 | Investment Management | $483,940 |
Service code 15 · EIN 84-0467907 | Recordkeeping | $286,445 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | JPMORGAN CASE BANK, NA | TRUSTEE AND CUSTODIAN SEE ATTACHMENT FOR FULL DESCRIPTION 401K NON EXEMPT TRANSACTIONS.PDF | — | — |
| Part 3 Non-exempt transaction | PORTER, WRIGHT, MORRIS & ARTHUR, LL | LEGAL SERVICES PROVIDER SEE ATTACHMENT FOR FULL DESCRIPTION 401K NON EXEMPT TRANSACTIONS.PDF | — | — |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $176,947 | $69,651+154.0% | $81,367+117.5% | $69,651+154.0% |
| Participation rate | 97.0% | 66.6%+30.5pp | 82.3%+14.7pp | 66.6%+30.5pp |
| Annual return | 0.45% | 53.77%-53.3pp | -0.92%+1.4pp | 53.77%-53.3pp |
| Employer contribution / active EE | $3,869 | $2,241+72.7% | $3,930-1.5% | $2,241+72.7% |
| Participant deferral / active EE | $8,743 | $3,635+140.5% | $5,383+62.4% | $3,635+140.5% |
| Admin fee / account holder | $317 | $63+401.7% | $8,926-96.4% | $63+401.7% |