Filed January 5, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $204,408 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $86,887 | $102,389-15.1% | $100,540-13.6% | $90,274-3.8% |
| Participation rate | 95.9% | 84.0%+11.9pp | 79.4%+16.5pp | 73.4%+22.6pp |
| Annual return | 25.03% | 22.50%+2.5pp | 30.90%-5.9pp | 53.97%-28.9pp |
| Employer contribution / active EE | $6,488 | $3,056+112.3% | $3,419+89.8% | $2,523+157.1% |
| Participant deferral / active EE | $12,011 | $7,514+59.8% | $6,272+91.5% | $4,231+183.9% |
| Admin fee / account holder | $66 | $83-21.2% | $8,082-99.2% | $114-42.5% |