Filed June 26, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $215,500 |
STRATEGIC ADVISORS, INC.5 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $63,789 |
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 | $88,449 | $115,744-23.6% | $100,415-11.9% | $200,096-55.8% |
| Participation rate | 91.0% | 85.7%+5.4pp | 81.5%+9.5pp | 72.0%+19.0pp |
| Annual return | 20.69% | 17.79%+2.9pp | 49.47%-28.8pp | 34.26%-13.6pp |
| Employer contribution / active EE | $4,616 | $3,657+26.2% | $3,943+17.1% | $3,038+52.0% |
| Participant deferral / active EE | $15,658 | $9,844+59.1% | $8,091+93.5% | $5,090+207.6% |
| Admin fee / account holder | $90 | $93-2.9% | $7,906-98.9% | $269-66.5% |