Filed September 18, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $12,550 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $35,481 | $70,002-49.3% | $115,038-69.2% | $52,331-32.2% |
| Participation rate | 88.2% | 72.1%+16.1pp | 81.4%+6.9pp | 68.1%+20.1pp |
| Annual return | 1.43% | 4.04%-2.6pp | 26.14%-24.7pp | 4.54%-3.1pp |
| Employer contribution / active EE | $2,716 | $2,715+0.1% | $4,608-41.0% | $1,882+44.4% |
| Participant deferral / active EE | $9,418 | $4,920+91.4% | $6,026+56.3% | $3,022+211.6% |
| Admin fee / account holder | $32 | $566-94.4% | $8,175-99.6% | $592-94.6% |