Filed April 17, 2024
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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $12,020 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $129,826 | $80,177+61.9% | $123,894+4.8% | $57,658+125.2% |
| Participation rate | 99.4% | 74.4%+24.9pp | 81.4%+18.0pp | 70.2%+29.1pp |
| Annual return | 8.58% | 17.90%-9.3pp | 47.52%-38.9pp | 5.13%+3.5pp |
| Employer contribution / active EE | $3,497 | $2,913+20.1% | $4,617-24.3% | $1,974+77.2% |
| Participant deferral / active EE | $10,701 | $5,130+108.6% | $5,984+78.8% | $3,061+249.6% |
| Admin fee / account holder | $31 | $106-71.3% | $8,357-99.6% | $95-67.7% |