Filed August 3, 2022 (most recent of 2 filings on file)
Total covered: 2,748 employees
| Provider | Service type | Compensation |
|---|---|---|
THE BANK OF NEW YORK MELLON9+ years Filed as: MELLON CAPITAL Service code 28 · EIN 25-6078093 | Investment Management | $1,185,311 |
Filed as: J.P. MORGAN INVESTMENT MANAGEMENT Service code 27 · EIN 13-3200244 | Advisory (Plan) | $761,213 |
PGIM INVESTMENTS9+ years Filed as: JENNISON ASSOCIATES, LLC Service code 28 · EIN 22-2540245 | Investment Management | $639,515 |
WEDGE CAPITAL MANAGEMENT9+ years Service code 28 · EIN 56-1557450 | Investment Management | $606,109 |
ARROWMARK PARTNERS6 years Service code 28 · EIN 39-2068140 | Investment Management | $472,869 |
JACKSON SQUARE PARTNERS5 years Filed as: JACKSON SQUARE Service code 28 · EIN 80-0945254 | Investment Management | $471,434 |
WELLS FARGO BANK, N.A.1 year Filed as: GALLIARD CAPITAL MANAGEMENT, INC. Service code 28 · EIN 41-1813702 | Investment Management | $446,734 |
BOSTON PARTNERS1 year Service code 28 · EIN 98-0202744 | Investment Management | $409,466 |
Filed as: BANK OF NEW YORK MELLON Service code 19 · EIN 13-2614959 | Securities Custodian | $350,000 |
Service code 15 · EIN 84-0467907 | Recordkeeping | $340,306 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $232,798 | $96,393+141.5% | $112,504+106.9% | $96,393+141.5% |
| Participation rate | 98.9% | 71.3%+27.7pp | 80.6%+18.4pp | 71.3%+27.7pp |
| Annual return | 15.50% | 22.88%-7.4pp | 34.13%-18.6pp | 22.88%-7.4pp |
| Employer contribution / active EE | $4,954 | $3,239+53.0% | $4,571+8.4% | $3,239+53.0% |
| Participant deferral / active EE | $11,317 | $5,455+107.5% | $6,522+73.5% | $5,455+107.5% |
| Admin fee / account holder | $304 | $74+312.0% | $7,048-95.7% | $74+312.0% |