Filed April 8, 2016
Total covered: 4 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $79,554 |
MWA FINANCIAL SERVICES INC3 years Filed as: MWA FINANCIAL SERVICES INC. Service code 49 | Other Services | $49,523 |
DEFINITI LLC2 years Service code 13 · EIN 85-0833363 | Contract Administrator | $10,406 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
MWA FINANCIAL SERVICES INC3 years Service code 49 · EIN 36-4420471 | Other Services | $0 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $83,196 | $45,126+84.4% | $85,187-2.3% | $74,459+11.7% |
| Participation rate | 87.6% | 49.4%+38.3pp | 67.5%+20.1pp | 67.2%+20.4pp |
| Annual return | 15.59% | 26.30%-10.7pp | 66.67%-51.1pp | 1369.70%-1354.1pp |
| Employer contribution / active EE | $4,700 | $1,460+221.9% | $2,732+72.0% | $2,626+79.0% |
| Participant deferral / active EE | $9,468 | $2,738+245.8% | $4,525+109.3% | $4,350+117.7% |
| Admin fee / account holder | $556 | $2,212-74.9% | $6,162-91.0% | $1,945-71.4% |