Filed March 7, 2019
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: SEASIDE NATIONAL BANK & TRUST, INC. Service code 99 201 SOUTH ORANGE AVENUE · ORLANDO, FL 32801 | Other Fees | $11,159 |
PENSERV PLAN SERVICES, INC.4+ years Filed as: PENSERVCO, INC. Service code 13 600 BYPASS DRIVE · CLEARWATER, FL 33764 | Contract Administrator | $5,716 |
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $656 |
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $571 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $28,705 | $42,810-32.9% | $169,452-83.1% | $55,725-48.5% |
| Participation rate | 34.8% | 64.7%-29.9pp | 77.8%-42.9pp | 70.9%-36.0pp |
| Annual return | -2.76% | -3.61%+0.9pp | 1.83%-4.6pp | 244.93%-247.7pp |
| Employer contribution / active EE | $1,034 | $1,402-26.2% | $4,157-75.1% | $2,078-50.2% |
| Participant deferral / active EE | $1,300 | $3,141-58.6% | $5,277-75.4% | $3,356-61.3% |
| Admin fee / account holder | $16 | $106-85.1% | $9,110-99.8% | $115-86.2% |