Filed May 15, 2023 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Filed as: ASCENSUS Service code 49 PO BOX 734602 · CHICAGO, IL 60673 | Other Services | $17,249 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $8,504 |
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $8,504 |
MORNINGSTAR9+ years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $5,744 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,703 | $50,151-30.8% | $149,696-76.8% | $80,157-56.7% |
| Participation rate | 40.3% | 64.3%-24.0pp | 78.8%-38.5pp | 72.9%-32.7pp |
| Annual return | 16.46% | 29.80%-13.3pp | 134.46%-118.0pp | 40.39%-23.9pp |
| Employer contribution / active EE | $421 | $1,867-77.5% | $4,821-91.3% | $2,977-85.9% |
| Participant deferral / active EE | $1,280 | $3,194-59.9% | $5,682-77.5% | $5,015-74.5% |
| Admin fee / account holder | $36 | $153-76.6% | $13,212-99.7% | $145-75.3% |