Filed March 7, 2023
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| Provider | Service type | Compensation |
|---|---|---|
OSAIC WEALTH INC2 years Filed as: OSAIC ADVISORS Service code 27 900 SOUTH PINE ROAD, SUITE 650 · PLANTATION, FL 33324 | Advisory (Plan) | $91,257 |
Filed as: SENTINEL BENEFITS GROUP, LLC Service code 15 · EIN 04-3015875 | Recordkeeping | $83,474 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,531 | $37,422+83.1% | $92,985-26.3% | $64,728+5.9% |
| Participation rate | 94.5% | 40.1%+54.4pp | 69.5%+25.0pp | 57.9%+36.6pp |
| Annual return | 16.46% | 20.66%-4.2pp | 27.99%-11.5pp | 49.38%-32.9pp |
| Employer contribution / active EE | $1,740 | $1,156+50.5% | $2,662-34.7% | $2,243-22.4% |
| Participant deferral / active EE | $5,643 | $1,740+224.3% | $4,377+28.9% | $2,729+106.8% |
| Admin fee / account holder | $189 | $2,190-91.4% | $9,463-98.0% | $1,145-83.5% |