Filed February 13, 2021 (most recent of 14 filings on file)
Total covered: 4,407 employees
| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIDELITY WORKPLACE SERVICES, LLC Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $1,477,455 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $187,033 | $161,802+15.6% | $96,564+93.7% | $96,393+94.0% |
| Participation rate | 97.7% | 92.5%+5.2pp | 76.0%+21.7pp | 71.3%+26.4pp |
| Annual return | -18.25% | 18.41%-36.7pp | 25.89%-44.1pp | 22.88%-41.1pp |
| Employer contribution / active EE | $6,159 | $5,381+14.5% | $2,967+107.6% | $3,239+90.2% |
| Participant deferral / active EE | $11,145 | $8,927+24.8% | $4,852+129.7% | $5,455+104.3% |
| Admin fee / account holder | $14 | $61-76.7% | $8,256-99.8% | $74-80.8% |