Filed April 2, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIRST GREAT-WEST LIFE & ANNUITY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $272,927 |
Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $181,286 |
Service code 27 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101 | Advisory (Plan) | $71,290 |
Service code 10 1605 MAIN ST STE 1010 · SARASOTA, FL 34236 | Accounting | $14,450 |
Filed as: BOND SCHOENECK & KING PLLC Service code 99 PO BOX 11607 · SYRACUSE, NY 13218 | Other Fees | $13,473 |
Filed as: COTA STREET INVESTMENT MANAGEMENT Service code 28 24 E. COTA STREET · SANTA BARBARA, CA 93101 | Investment Management | $32 |
Employer contribution per participant 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 | $37,761 | $65,708-42.5% | $76,667-50.7% | $77,775-51.4% |
| Participation rate | 98.2% | 79.0%+19.3pp | 72.1%+26.1pp | 73.2%+25.0pp |
| Annual return | 21.44% | 49.86%-28.4pp | 1166.74%-1145.3pp | 32.58%-11.1pp |
| Employer contribution / active EE | $46 | $2,167-97.9% | $2,303-98.0% | $2,504-98.2% |
| Participant deferral / active EE | $3,529 | $3,254+8.4% | $3,336+5.8% | $3,966-11.0% |
| Admin fee / account holder | $31 | $91-65.9% | $6,423-99.5% | $100-69.1% |