Filed December 7, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GLOBAL RETIREMENT PARTNERS Service code 26 · EIN 47-1411118 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Advisory (Participants) | $29,612 |
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $28,821 |
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 | $85,338 | $52,450+62.7% | $129,397-34.0% | $74,429+14.7% |
| Participation rate | 72.8% | 53.8%+18.9pp | 69.6%+3.2pp | 67.2%+5.6pp |
| Annual return | 12.53% | 15.65%-3.1pp | 9453.98%-9441.4pp | 1368.38%-1355.9pp |
| Employer contribution / active EE | $2,280 | $1,532+48.8% | $4,154-45.1% | $2,625-13.1% |
| Participant deferral / active EE | $4,383 | $2,797+56.7% | $4,167+5.2% | $4,348+0.8% |
| Admin fee / account holder | $319 | $2,636-87.9% | $7,679-95.8% | $1,944-83.6% |