Filed September 18, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $7,811 |
MORNINGSTAR2 years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $5,919 |
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 | $54,838 | $88,122-37.8% | $141,177-61.2% | $67,579-18.9% |
| Participation rate | 70.3% | 76.5%-6.2pp | 82.5%-12.2pp | 71.3%-1.0pp |
| Annual return | 25.81% | 75.40%-49.6pp | 71.40%-45.6pp | 378.56%-352.7pp |
| Employer contribution / active EE | $2,429 | $3,224-24.7% | $4,736-48.7% | $2,148+13.1% |
| Participant deferral / active EE | $8,047 | $5,958+35.1% | $6,710+19.9% | $3,539+127.4% |
| Admin fee / account holder | $16 | $131-88.1% | $10,263-99.8% | $142-89.1% |