Filed May 4, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $7,744 |
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 | $167,092 | $100,573+66.1% | $98,090+70.3% | $100,573+66.1% |
| Participation rate | 92.9% | 70.9%+22.0pp | 81.5%+11.4pp | 70.9%+22.0pp |
| Annual return | 26.91% | 18.89%+8.0pp | 37.05%-10.1pp | 18.89%+8.0pp |
| Employer contribution / active EE | $11,179 | $3,763+197.0% | $3,606+210.0% | $3,763+197.0% |
| Participant deferral / active EE | $26,945 | $4,921+447.6% | $7,845+243.5% | $4,921+447.6% |
| Admin fee / account holder | $2 | $454-99.5% | $11,815-100.0% | $454-99.5% |