Filed May 23, 2017
Total covered: 144 employees
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $324,353 |
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $15,969 |
RSM US LLP1 year Service code 10 · EIN 42-0714325 | Accounting | $13,125 |
MERCER1 year Filed as: MERCER INVESTMENTS LLC Service code 27 · EIN 30-0282430 | Advisory (Plan) | $9,375 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $30,789 | $92,153-66.6% | $76,667-59.8% | $82,204-62.5% |
| Participation rate | 85.0% | 79.4%+5.5pp | 72.1%+12.9pp | 73.4%+11.6pp |
| Annual return | 21.83% | 21.12%+0.7pp | 1166.74%-1144.9pp | 26.31%-4.5pp |
| Employer contribution / active EE | $2,723 | $3,043-10.5% | $2,303+18.2% | $2,707+0.6% |
| Participant deferral / active EE | $2,174 | $4,304-49.5% | $3,336-34.8% | $4,246-48.8% |
| Admin fee / account holder | $76 | $70+8.9% | $6,423-98.8% | $76+1.1% |