Filed January 3, 2017
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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN REALTY ADVISORS4+ years Filed as: AMERICAN TRUST RETIREMENT Service code 15 855 MAIN STREET · DUBUQUE, IA 520040938 | Recordkeeping | $29,717 |
Filed as: TRANSAMERICA FINANCIAL ADVISOR Service code 16 11315 JOHNS CREEK PARKWAY · JOHNS CREEK, GA 30097 | Consulting | $21,646 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $39,676 | $47,977-17.3% | $154,108-74.3% | $56,289-29.5% |
| Participation rate | 78.4% | 66.2%+12.2pp | 83.0%-4.6pp | 69.9%+8.5pp |
| Annual return | -6.32% | 3.54%-9.9pp | 735.21%-741.5pp | -9.96%+3.6pp |
| Employer contribution / active EE | $447 | $2,169-79.4% | $5,298-91.6% | $2,111-78.8% |
| Participant deferral / active EE | $3,091 | $2,392+29.2% | $5,081-39.2% | $3,350-7.7% |
| Admin fee / account holder | $428 | $438-2.3% | $13,411-96.8% | $521-17.8% |