Filed November 2, 2021
Total covered: 2 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
INDEPENDENT FINANCIAL PARTNERS1+ years Service code 28 · EIN 59-3331424 | Investment Management | $38,922 |
LORENCE & VANDER ZWART1+ years Service code 28 · EIN 38-3154499 | Investment Management | $5,956 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $164,957 | $67,166+145.6% | $57,357+187.6% | $55,191+198.9% |
| Participation rate | 50.6% | 77.7%-27.1pp | 75.1%-24.5pp | 69.2%-18.6pp |
| Annual return | 1.66% | 4.22%-2.6pp | 24.41%-22.8pp | 10.78%-9.1pp |
| Employer contribution / active EE | $4,668 | $2,812+66.0% | $2,689+73.6% | $1,899+145.8% |
| Participant deferral / active EE | $1,000 | $2,835-64.7% | $3,162-68.4% | $3,046-67.2% |
| Admin fee / account holder | $91 | $44+109.4% | $3,357-97.3% | $91+0.5% |