Filed June 20, 2019
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $50,292 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $33,397 |
Filed as: RETIREMENT SOLUTIONS SPECIALISTS LL Service code 13 · EIN 27-0293282 | Contract Administrator | $7,655 |
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 | $75,921 | $54,558+39.2% | $76,002-0.1% | $74,546+1.8% |
| Participation rate | 78.2% | 60.3%+17.9pp | 69.1%+9.1pp | 67.2%+11.0pp |
| Annual return | 12.49% | 31.83%-19.3pp | 360.07%-347.6pp | 1366.03%-1353.5pp |
| Employer contribution / active EE | $7,655 | $1,778+330.6% | $2,688+184.7% | $2,624+191.7% |
| Participant deferral / active EE | $3,951 | $3,065+28.9% | $4,257-7.2% | $4,347-9.1% |
| Admin fee / account holder | $526 | $2,232-76.4% | $6,414-91.8% | $1,944-72.9% |