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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $201,585 |
Filed as: ANCORA RETIREMENT PLAN ADVISORS Service code 27 · EIN 23-2697799 | Advisory (Plan) | $82,255 |
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $20,097 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,344 | $122,128-77.6% | $147,117-81.4% | $200,096-86.3% |
| Participation rate | 50.7% | 78.2%-27.5pp | 82.2%-31.5pp | 72.0%-21.3pp |
| Annual return | 16.96% | 30.58%-13.6pp | 420.54%-403.6pp | 34.26%-17.3pp |
| Employer contribution / active EE | $1,272 | $4,093-68.9% | $4,932-74.2% | $3,038-58.1% |
| Participant deferral / active EE | $2,562 | $8,484-69.8% | $8,065-68.2% | $5,090-49.7% |
| Admin fee / account holder | $251 | $180+39.7% | $12,993-98.1% | $269-6.9% |