Filed June 18, 2018 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
THE BANK OF NEW YORK MELLON6 years Filed as: BANK OF AMERICA Service code 27 · EIN 94-1687665 | Advisory (Plan) | $750,196 |
FINDLEY4 years Service code 13 · EIN 34-1213174 | Contract Administrator | $75,771 |
Filed as: WILLIS TOWERS WATSON Service code 11 26555 EVERGREEN RD · SOUTHFIELD, MI 48076 | Actuarial | $50,850 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $1,472,696-100.0% | $227,282-100.0% | $1,472,696-100.0% |
| Participation rate | 0.0% | 0.0%0pp | 35.4%-35.4pp | 0.7%-0.7pp |
| Annual return | 10.42% | 9.72%+0.7pp | 10.75%-0.3pp | 13.24%-2.8pp |
| Employer contribution / active EE | $13,950 | $10,988+27.0% | $35,170-60.3% | $14,616-4.6% |
| Participant deferral / active EE | $0 | $822-100.0% | $82-100.0% | $830-100.0% |
| Admin fee / account holder | $0 | $4,137-100.0% | $4,611-100.0% | $4,137-100.0% |