Filed June 22, 2022
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $9,020 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $42,667 | $86,791-50.8% | $115,038-62.9% | $59,188-27.9% |
| Participation rate | 66.4% | 72.8%-6.4pp | 81.4%-14.9pp | 69.4%-3.0pp |
| Annual return | 16.11% | 4.44%+11.7pp | 26.14%-10.0pp | 5.51%+10.6pp |
| Employer contribution / active EE | $1 | $2,950-100.0% | $4,608-100.0% | $2,098-100.0% |
| Participant deferral / active EE | $8,437 | $5,298+59.3% | $6,026+40.0% | $3,265+158.4% |
| Admin fee / account holder | $6 | $95-93.5% | $8,175-99.9% | $92-93.3% |