Filed March 28, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VALIC Service code 26 · EIN 74-1625348 | Advisory (Participants) | $11,268 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $15,063 | $76,551-80.3% | $123,894-87.8% | $62,881-76.0% |
| Participation rate | 85.4% | 73.0%+12.4pp | 81.4%+4.0pp | 69.3%+16.1pp |
| Annual return | 7.87% | 18.68%-10.8pp | 47.52%-39.6pp | 20.14%-12.3pp |
| Employer contribution / active EE | $2,779 | $2,882-3.6% | $4,617-39.8% | $2,281+21.9% |
| Participant deferral / active EE | $4,158 | $4,840-14.1% | $5,984-30.5% | $3,203+29.8% |
| Admin fee / account holder | $65 | $4,826-98.7% | $8,357-99.2% | $4,296-98.5% |