Filed December 21, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $70,531 |
SAGEVIEW ADVISORY GROUP, LLC2 years Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 27 · EIN 33-0818667 | Advisory (Plan) | $35,062 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,539 | $47,163-50.1% | $149,696-84.3% | $74,460-68.4% |
| Participation rate | 96.5% | 63.4%+33.1pp | 78.8%+17.7pp | 70.7%+25.7pp |
| Annual return | 18.27% | 22.75%-4.5pp | 134.46%-116.2pp | 34.38%-16.1pp |
| Employer contribution / active EE | $65 | $1,907-96.6% | $4,821-98.6% | $2,638-97.5% |
| Participant deferral / active EE | $5,085 | $2,730+86.3% | $5,682-10.5% | $4,530+12.3% |
| Admin fee / account holder | $142 | $343-58.7% | $13,212-98.9% | $348-59.2% |