Filed September 18, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $8,292 |
MORNINGSTAR3 years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $5,631 |
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 | $62,524 | $99,957-37.4% | $149,730-58.2% | $73,493-14.9% |
| Participation rate | 58.9% | 75.7%-16.8pp | 82.5%-23.6pp | 70.7%-11.8pp |
| Annual return | 12.09% | 53.87%-41.8pp | 276.70%-264.6pp | 28.51%-16.4pp |
| Employer contribution / active EE | $2,634 | $3,191-17.4% | $4,645-43.3% | $2,270+16.0% |
| Participant deferral / active EE | $9,075 | $6,073+49.4% | $6,843+32.6% | $3,740+142.7% |
| Admin fee / account holder | $23 | $551-95.9% | $9,310-99.8% | $513-95.6% |