Filed April 6, 2016 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $28,734 |
STRATEGIC ADVISORS, INC.2+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $14,098 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,260 | $43,110-62.3% | $156,551-89.6% | $65,292-75.1% |
| Participation rate | 82.8% | 69.3%+13.4pp | 84.0%-1.2pp | 72.4%+10.3pp |
| Annual return | 11.59% | 11.24%+0.4pp | 32.23%-20.6pp | 11.84%-0.2pp |
| Employer contribution / active EE | $0 | $1,702-100.0% | $5,501-100.0% | $2,302-100.0% |
| Participant deferral / active EE | $2,642 | $2,520+4.8% | $4,871-45.8% | $3,579-26.2% |
| Admin fee / account holder | $8 | $47-83.4% | $13,028-99.9% | $57-86.3% |