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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIRST REPUBLIC INVESTMENT MNGMT Service code 26 1200 STATE STREET · SANTA BARBARA, CA 93101 | Advisory (Participants) | $21,205 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $23,758 | $88,122-73.0% | $141,191-83.2% | $67,579-64.8% |
| Participation rate | 50.3% | 76.5%-26.2pp | 82.5%-32.2pp | 71.3%-21.0pp |
| Annual return | 31.88% | 75.40%-43.5pp | 71.41%-39.5pp | 378.56%-346.7pp |
| Employer contribution / active EE | $1,350 | $3,224-58.1% | $4,736-71.5% | $2,148-37.2% |
| Participant deferral / active EE | $4,532 | $5,958-23.9% | $6,710-32.5% | $3,539+28.1% |
| Admin fee / account holder | $87 | $131-33.7% | $10,264-99.2% | $142-39.0% |