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 | $54,679+38.8% | $76,119-0.3% | $74,459+2.0% |
| Participation rate | 78.2% | 60.3%+17.8pp | 69.1%+9.1pp | 67.2%+11.0pp |
| Annual return | 12.49% | 31.90%-19.4pp | 361.25%-348.8pp | 1369.70%-1357.2pp |
| Employer contribution / active EE | $7,655 | $1,781+329.7% | $2,693+184.3% | $2,626+191.5% |
| Participant deferral / active EE | $3,951 | $3,072+28.6% | $4,259-7.2% | $4,350-9.2% |
| Admin fee / account holder | $526 | $2,238-76.5% | $6,421-91.8% | $1,945-72.9% |