Filed November 2, 2021
Total covered: 2 employees
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| Provider | Service type | Compensation |
|---|---|---|
INDEPENDENT FINANCIAL PARTNERS1+ years Service code 28 · EIN 59-3331424 | Investment Management | $11,781 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $52,944 | $67,166-21.2% | $57,357-7.7% | $55,191-4.1% |
| Participation rate | 60.4% | 77.7%-17.3pp | 75.1%-14.6pp | 69.2%-8.7pp |
| Annual return | 4.03% | 4.22%-0.2pp | 24.41%-20.4pp | 10.78%-6.8pp |
| Employer contribution / active EE | $0 | $2,812-100.0% | $2,689-100.0% | $1,899-100.0% |
| Participant deferral / active EE | $3,338 | $2,835+17.8% | $3,162+5.6% | $3,046+9.6% |
| Admin fee / account holder | $16 | $44-62.9% | $3,357-99.5% | $91-82.2% |