Filed May 4, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $9,681 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $138,255 | $115,744+19.4% | $100,415+37.7% | $200,096-30.9% |
| Participation rate | 94.1% | 85.7%+8.5pp | 81.5%+12.6pp | 72.0%+22.1pp |
| Annual return | 27.50% | 17.79%+9.7pp | 49.47%-22.0pp | 34.26%-6.8pp |
| Employer contribution / active EE | $11,902 | $3,657+225.4% | $3,943+201.9% | $3,038+291.8% |
| Participant deferral / active EE | $27,129 | $9,844+175.6% | $8,091+235.3% | $5,090+433.0% |
| Admin fee / account holder | $3 | $93-96.3% | $7,906-100.0% | $269-98.7% |