Filed May 23, 2024 (most recent of 4 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $225,242 |
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $76,072 |
CROWE LLP1 year Service code 10 · EIN 35-0921680 | Accounting | $40,000 |
MORGAN LEWIS1 year Service code 29 · EIN 23-0891050 | Legal | $14,724 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported that benefits due were not provided when due.
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 | $48,779 | $77,559-37.1% | $68,612-28.9% | $75,289-35.2% |
| Participation rate | 84.4% | 78.3%+6.1pp | 72.2%+12.2pp | 72.4%+12.0pp |
| Annual return | -7.26% | -1.01%-6.2pp | -4.63%-2.6pp | -0.04%-7.2pp |
| Employer contribution / active EE | $1,549 | $1,993-22.3% | $2,625-41.0% | $2,405-35.6% |
| Participant deferral / active EE | $2,769 | $3,128-11.5% | $3,311-16.4% | $3,739-25.9% |
| Admin fee / account holder | $55 | $90-39.4% | $5,131-98.9% | $102-46.5% |