Filed March 20, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $19,994 |
COASTAL PENSION SERVICES1 year Filed as: COASTAL PENSION SERVICES LLC Service code 49 · EIN 52-1053785 | Other Services | $14,273 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $11,367 |
Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Participant loan processing; Recordke... | $532 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,377 | $82,163-44.8% | $125,381-63.8% | $64,819-30.0% |
| Participation rate | 74.7% | 77.9%-3.2pp | 82.4%-7.7pp | 71.5%+3.2pp |
| Annual return | -9.18% | 3.49%-12.7pp | 572.31%-581.5pp | 32.84%-42.0pp |
| Employer contribution / active EE | $3,774 | $3,616+4.4% | $4,815-21.6% | $2,507+50.5% |
| Participant deferral / active EE | $6,886 | $7,175-4.0% | $7,448-7.5% | $4,311+59.7% |
| Admin fee / account holder | $135 | $163-17.2% | $10,007-98.7% | $188-28.1% |