Filed November 30, 2022
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| Provider | Service type | Compensation |
|---|---|---|
MONETA GROUP LLC4 years Service code 27 · EIN 20-1903821 | Advisory (Plan) | $26,125 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $24,477 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 82-3967259 | Securities Custodian | $7,088 |
CHARLES SCHWAB & CO., INC.2 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $90,782 | $88,137+3.0% | $164,975-45.0% | $74,429+22.0% |
| Participation rate | 96.4% | 73.1%+23.3pp | 78.6%+17.8pp | 67.2%+29.2pp |
| Annual return | 16.38% | 17.13%-0.8pp | 70.12%-53.7pp | 1368.38%-1352.0pp |
| Employer contribution / active EE | $1,875 | $2,597-27.8% | $4,343-56.8% | $2,625-28.6% |
| Participant deferral / active EE | $4,130 | $4,501-8.2% | $6,033-31.5% | $4,348-5.0% |
| Admin fee / account holder | $318 | $2,231-85.7% | $12,688-97.5% | $1,944-83.6% |