Filed June 26, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $230,642 |
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $46,721 |
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 | $66,644 | $103,918-35.9% | $94,677-29.6% | $80,187-16.9% |
| Participation rate | 90.3% | 85.8%+4.5pp | 80.8%+9.5pp | 72.9%+17.4pp |
| Annual return | 29.33% | 27.77%+1.6pp | 156.95%-127.6pp | 40.40%-11.1pp |
| Employer contribution / active EE | $4,010 | $3,539+13.3% | $3,673+9.2% | $2,980+34.6% |
| Participant deferral / active EE | $13,906 | $9,528+46.0% | $7,418+87.5% | $5,016+177.2% |
| Admin fee / account holder | $90 | $96-6.2% | $7,222-98.7% | $145-37.6% |