Filed November 30, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 16-1450952 | Recordkeeping | $45,913 |
MONETA GROUP LLC3 years Service code 27 · EIN 20-1903821 | Advisory (Plan) | $24,720 |
Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 82-3967259 | Securities Custodian | $5,093 |
Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $82,020 | $82,978-1.2% | $129,995-36.9% | $71,457+14.8% |
| Participation rate | 98.5% | 74.1%+24.4pp | 78.5%+20.0pp | 67.9%+30.6pp |
| Annual return | 23.53% | 20.60%+2.9pp | -137.18%+160.7pp | 28.85%-5.3pp |
| Employer contribution / active EE | $1,991 | $2,622-24.0% | $4,320-53.9% | $2,588-23.0% |
| Participant deferral / active EE | $4,218 | $4,432-4.8% | $5,820-27.5% | $4,289-1.7% |
| Admin fee / account holder | $290 | $1,729-83.2% | $10,614-97.3% | $1,587-81.7% |