Filed September 8, 2021 (most recent of 2 filings on file)
Total covered: 2 employees
| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.7+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $1,346,344 |
Service code 37 · EIN 04-2647786 | Loan Processing | $357,305 |
CAPFINANCIAL PARTNERS LLC2 years Service code 16 · EIN 26-0058143 | Consulting | $88,234 |
Filed as: QDRO CONSULTANTS CO LLC Service code 16 · EIN 34-1820650 | Consulting | $7,800 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $262,519 | $106,520+146.4% | $119,237+120.2% | $106,520+146.4% |
| Participation rate | 99.3% | 71.3%+27.9pp | 82.7%+16.6pp | 71.3%+27.9pp |
| Annual return | 16.52% | 19.28%-2.8pp | 30.70%-14.2pp | 19.28%-2.8pp |
| Employer contribution / active EE | $3,524 | $2,840+24.1% | $4,383-19.6% | $2,840+24.1% |
| Participant deferral / active EE | $11,236 | $4,948+127.1% | $6,112+83.8% | $4,948+127.1% |
| Admin fee / account holder | $303 | $75+307.0% | $7,229-95.8% | $75+307.0% |