Filed September 1, 2021 (most recent of 9 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $25,845 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,726 | $82,979-75.0% | $102,412-79.8% | $77,736-73.3% |
| Participation rate | 68.2% | 71.5%-3.3pp | 74.5%-6.3pp | 70.6%-2.4pp |
| Annual return | 15.68% | 19.11%-3.4pp | 24.94%-9.3pp | 31.26%-15.6pp |
| Employer contribution / active EE | $1,269 | $3,554-64.3% | $3,870-67.2% | $2,728-53.5% |
| Participant deferral / active EE | $2,983 | $4,109-27.4% | $5,060-41.0% | $4,651-35.8% |
| Admin fee / account holder | $49 | $639-92.3% | $8,388-99.4% | $433-88.6% |