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 | $51,092+34.1% | $76,735-10.7% | $79,634-13.9% |
| Participation rate | 94.5% | 50.2%+44.3pp | 69.5%+25.0pp | 62.5%+32.0pp |
| Annual return | 16.46% | 18.04%-1.6pp | 29.77%-13.3pp | 36.46%-20.0pp |
| Employer contribution / active EE | $1,740 | $1,519+14.6% | $2,454-29.1% | $2,529-31.2% |
| Participant deferral / active EE | $5,643 | $2,529+123.1% | $4,088+38.0% | $3,835+47.2% |
| Admin fee / account holder | $189 | $1,865-89.9% | $7,189-97.4% | $1,002-81.1% |