Filed March 22, 2022
Total covered: 34 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 4-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Filed as: ASCENSUS Service code 49 | Other Services | $6,139 |
MORNINGSTAR1 year Service code 27 · EIN 36-3297908 | Advisory (Plan) | $436 |
Filed as: VOYA RETIREMENT ADVISORS Service code 26 · EIN 02-0488491 | Advisory (Participants) | $42 |
ASCENSUS LLC2 years Filed as: ASCENSUS C/O FUTURE PLAN Service code 49 PO BOX 734602 · CHICAGO, IL 60673 | Other Services | $0 |
Filed as: VOYA RETIREMENT INSURANCE Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $0 |
Service code 64 | Recordkeeping Fees | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $20,557 | $101,653-79.8% | $147,080-86.0% | $74,459-72.4% |
| Participation rate | 90.1% | 75.6%+14.5pp | 82.2%+7.9pp | 67.2%+22.8pp |
| Annual return | 31.76% | 8754.98%-8723.2pp | 420.17%-388.4pp | 1369.70%-1337.9pp |
| Employer contribution / active EE | $2,466 | $3,813-35.3% | $4,933-50.0% | $2,626-6.1% |
| Participant deferral / active EE | $3,972 | $7,304-45.6% | $8,066-50.8% | $4,350-8.7% |
| Admin fee / account holder | $28 | $1,752-98.4% | $12,989-99.8% | $1,945-98.5% |