Filed February 25, 2016 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
SECURITIES AMERICA INC1+ years Filed as: BB&T SECURITIES LLC Service code 55 901 E BYRD ST · RICHMOND, NC 23219 | Other Commissions | $4,682 |
QRPS, INC.1+ years Filed as: QRPS, INC Service code 13 2724 DISCOVERY DR SUITE 100 · RALEIGH, NC 27616 | Contract Administrator | $2,188 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VALLAGE, CO 80111 | Recordkeeping Fees | $1,970 |
Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $394 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,287 | $46,360-34.7% | $147,617-79.5% | $52,331-42.1% |
| Participation rate | 35.9% | 64.9%-29.1pp | 84.6%-48.8pp | 68.1%-32.2pp |
| Annual return | -3.91% | 1.62%-5.5pp | 61.98%-65.9pp | 4.54%-8.5pp |
| Employer contribution / active EE | $0 | $2,126-100.0% | $5,564-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $1,959 | $2,258-13.2% | $4,895-60.0% | $3,022-35.2% |
| Admin fee / account holder | $38 | $766-95.1% | $11,612-99.7% | $592-93.6% |