Filed May 4, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $6,259 |
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 | $102,786 | $103,918-1.1% | $94,677+8.6% | $80,187+28.2% |
| Participation rate | 91.7% | 85.8%+5.9pp | 80.8%+10.8pp | 72.9%+18.7pp |
| Annual return | 37.17% | 27.77%+9.4pp | 156.95%-119.8pp | 40.40%-3.2pp |
| Employer contribution / active EE | $10,537 | $3,539+197.7% | $3,673+186.9% | $2,980+253.6% |
| Participant deferral / active EE | $22,013 | $9,528+131.0% | $7,418+196.8% | $5,016+338.8% |
| Admin fee / account holder | $3 | $96-97.4% | $7,222-100.0% | $145-98.3% |