Filed March 14, 2023
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| Provider | Service type | Compensation |
|---|---|---|
SYM FINANCIAL CORPORATION1+ years Service code 50 801 PARK AVENUE · WINONA LAKE, IN 46590 | Direct Payment | $38,748 |
ASCENSUS LLC1+ years Filed as: ASCENSUS CONSULTING Service code 13 1102 CHESTNUT HILLS PKWY · FORT WAYNE, IN 46814 | Contract Administrator | $20,130 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $5,723 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,640 | $50,464+20.2% | $75,784-20.0% | $52,331+15.9% |
| Participation rate | 82.7% | 66.8%+15.9pp | 75.8%+6.8pp | 68.1%+14.6pp |
| Annual return | 0.94% | 1.03%-0.1pp | 9.68%-8.7pp | 4.54%-3.6pp |
| Employer contribution / active EE | $1,622 | $1,988-18.4% | $3,323-51.2% | $1,882-13.8% |
| Participant deferral / active EE | $3,266 | $2,570+27.1% | $3,652-10.6% | $3,022+8.1% |
| Admin fee / account holder | $278 | $1,103-74.8% | $5,300-94.8% | $592-53.0% |