Filed October 18, 2022 (most recent of 19 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIDELITY INV INSTL OPS Service code 37 · EIN 04-2647786 | Loan Processing | $416,759 |
FID INV INST OPS CO4 years Filed as: FID INV INSTL OPS CO Service code 60 | Sub-TA Fees | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,820 | $73,283-62.0% | $155,556-82.1% | $106,553-73.9% |
| Participation rate | 81.4% | 73.3%+8.2pp | 78.2%+3.2pp | 69.8%+11.6pp |
| Annual return | 14.21% | 15.76%-1.5pp | 64.84%-50.6pp | 17.37%-3.2pp |
| Employer contribution / active EE | $3,476 | $2,241+55.2% | $4,675-25.7% | $3,359+3.5% |
| Participant deferral / active EE | $40 | $4,567-99.1% | $5,631-99.3% | $5,562-99.3% |
| Admin fee / account holder | $10 | $56-81.4% | $15,885-99.9% | $80-87.0% |