Filed February 16, 2024
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| Provider | Service type | Compensation |
|---|---|---|
T ROWE PRICE RPS INC4 years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202 | Recordkeeping | $663,209 |
MORNINGSTAR4 years Service code 26 22 WEST WASHINGTON STREET · CHICAGO, IL 60602 | Advisory (Participants) | $103,524 |
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 | $121,058 | $114,842+5.4% | $159,495-24.1% | $101,555+19.2% |
| Participation rate | 94.2% | 71.6%+22.5pp | 82.8%+11.3pp | 74.5%+19.6pp |
| Annual return | 20.58% | 22.90%-2.3pp | 263.72%-243.1pp | 21.00%-0.4pp |
| Employer contribution / active EE | $4,712 | $3,203+47.1% | $4,831-2.5% | $2,972+58.5% |
| Participant deferral / active EE | $9,955 | $6,336+57.1% | $7,354+35.4% | $4,874+104.2% |
| Admin fee / account holder | $61 | $80-24.6% | $10,804-99.4% | $139-56.6% |