Filed May 3, 2017
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $41,203 |
POWERS BENEFITS CORP1 year Service code 13 · EIN 31-1677082 | Contract Administrator | $11,158 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,442 | $54,674-27.9% | $76,089-48.2% | $74,429-47.0% |
| Participation rate | 97.9% | 60.3%+37.6pp | 69.1%+28.8pp | 67.2%+30.7pp |
| Annual return | 13.57% | 31.89%-18.3pp | 360.94%-347.4pp | 1368.38%-1354.8pp |
| Employer contribution / active EE | $2,528 | $1,781+42.0% | $2,690-6.0% | $2,625-3.7% |
| Participant deferral / active EE | $4,642 | $3,071+51.1% | $4,259+9.0% | $4,348+6.7% |
| Admin fee / account holder | $149 | $2,238-93.3% | $6,418-97.7% | $1,944-92.3% |