Filed October 3, 2024
| Provider | Service type | Compensation |
|---|---|---|
THE BANK OF NEW YORK MELLON5+ years Filed as: BANK OF NEW YORK MELLON Service code 19 · EIN 13-5160382 | Securities Custodian | $1,010,386 |
NEWTOWER TRUST COMPANY4 years Service code 28 · EIN 30-0872552 | Investment Management | $826,222 |
LORD ABBETT3 years Filed as: LORD, ABBETT & CO. LLC Service code 28 · EIN 13-5620131 | Investment Management | $673,490 |
INDEPENDENT FINANCIAL PARTNERS5+ years Filed as: SIERRA INVESTMENT PARTNERS INC Service code 28 · EIN 68-0370668 | Investment Management | $534,125 |
ROTHSCHILD ASSET MANAGEMENT5+ years Filed as: ROTHSCHILD ASSET MANAGEMENT INC Service code 28 · EIN 13-2544634 | Investment Management | $473,123 |
GREAT LAKES ADVISORS, LLC3 years Filed as: GREAT LAKES ADVISORS LLC Service code 28 · EIN 80-0292839 | Investment Management | $442,791 |
ULLICO5+ years Filed as: UNION LABOR LIFE INSURANCE COMPANY Service code 28 · EIN 13-1423090 | Investment Management | $421,857 |
WEDGE CAPITAL MANAGEMENT5+ years Filed as: WEDGE CAPITAL MANAGEMENT LLP Service code 28 · EIN 56-1557450 | Investment Management | $314,830 |
INDEPENDENT FINANCIAL PARTNERS5+ years Filed as: STONE RIDGE INVESTMENT PARTNERS LLC Service code 28 · EIN 25-1841560 | Investment Management | $302,727 |
TUCKER ARENSBERG2 years Filed as: TUCKER ARNSBERG PC Service code 29 · EIN 25-1425735 | Legal | $297,575 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 1 Loan in default | AB | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | SC | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | MC | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | MD | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | FD | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | JD | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | JE | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | WF | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | HG | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | KG | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | FG | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | JH | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | MH | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | FK | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | MK | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | TK | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | DM | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | EM | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | CN | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | MR | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | PR | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | KR | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | MS | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | JU | — | 1811 SPRING GARDEN STREET PHILADELPHIA, PA 19130 | — |
| Part 1 Loan in default | SUN CENTER STUDIOS CORP | — | 250 N COMMERCE DR ASTON, PA 19014 | — |
Annual investment return is in the bottom quintile of the peer cohort.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $0 | $162,072-100.0% | - |
| Participation rate | 0.0% | 0.0%0pp | 33.1%-33.1pp | 0.0%0pp |
| Annual return | -3.61% | 6.00%-9.6pp | 8.01%-11.6pp | 5230.06%-5233.7pp |
| Employer contribution / active EE | $23,367 | $14,010+66.8% | $29,476-20.7% | $10,491+122.7% |
| Participant deferral / active EE | $0 | $460-100.0% | $735-100.0% | $460-100.0% |
| Admin fee / account holder | $0 | $0 | $630-100.0% | - |