Filed April 13, 2021
| Provider | Service type | Compensation |
|---|---|---|
FINANCIAL ENGINES3+ years Service code 26 · EIN 77-0473565 | Advisory (Participants) | $1,832,596 |
Service code 25 · EIN 04-2647786 | Directed Trustee | $1,477,634 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $111,654 | $187,373-40.4% | $91,004+22.7% | $80,976+37.9% |
| Participation rate | 54.4% | 87.5%-33.1pp | 75.6%-21.2pp | 68.3%-13.9pp |
| Annual return | 20.20% | 16.95%+3.3pp | 4.60%+15.6pp | 22.91%-2.7pp |
| Employer contribution / active EE | $2,728 | $5,838-53.3% | $2,456+11.1% | $2,402+13.6% |
| Participant deferral / active EE | $3,487 | $8,375-58.4% | $3,548-1.7% | $3,848-9.4% |
| Admin fee / account holder | $114 | $91+25.2% | $5,417-97.9% | $67+69.7% |