Filed November 30, 2022
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| Provider | Service type | Compensation |
|---|---|---|
MONETA GROUP LLC1 year Service code 27 · EIN 20-1903821 | Advisory (Plan) | $24,967 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $21,860 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,461 | $93,182+16.4% | $146,643-26.0% | $79,391+36.6% |
| Participation rate | 93.8% | 76.4%+17.3pp | 80.1%+13.7pp | 70.7%+23.0pp |
| Annual return | 13.26% | 21.61%-8.4pp | 22.75%-9.5pp | 116.88%-103.6pp |
| Employer contribution / active EE | $1,921 | $2,420-20.6% | $4,137-53.6% | $2,428-20.9% |
| Participant deferral / active EE | $4,645 | $4,169+11.4% | $5,506-15.6% | $4,046+14.8% |
| Admin fee / account holder | $355 | $585-39.4% | $10,280-96.5% | $627-43.4% |