Filed April 12, 2018 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIDELITY INV. INST. OPS. CO. Service code 37 · EIN 04-2647786 | Loan Processing | $16,140 |
HERBEIN & COMPANY, INC.1 year Service code 10 · EIN 23-2415973 | Accounting | $14,900 |
Service code 17 · EIN 31-1582098 | Pension Consulting | $1,717 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $86,503 | $64,909+33.3% | $82,312+5.1% | $62,293+38.9% |
| Participation rate | 57.4% | 74.9%-17.5pp | 76.9%-19.5pp | 69.5%-12.2pp |
| Annual return | 9.66% | 21.18%-11.5pp | 25.88%-16.2pp | 28.90%-19.2pp |
| Employer contribution / active EE | $935 | $1,676-44.2% | $2,428-61.5% | $2,042-54.2% |
| Participant deferral / active EE | $1,570 | $3,103-49.4% | $3,706-57.6% | $3,169-50.5% |
| Admin fee / account holder | $99 | $440-77.4% | $5,608-98.2% | $479-79.3% |