Filed January 3, 2017
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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN REALTY ADVISORS5+ years Filed as: AMERICAN TRUST RETIREMENT Service code 15 855 MAIN STREET · DUBUQUE, IA 520040938 | Recordkeeping | $31,846 |
Filed as: TRANSAMERICA FINANCIAL ADVISOR Service code 16 11315 JOHNS CREEK PARKWAY · JOHNS CREEK, GA 30097 | Consulting | $19,277 |
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 | $46,906 | $52,967-11.4% | $172,753-72.8% | $65,186-28.0% |
| Participation rate | 75.5% | 66.2%+9.3pp | 82.6%-7.1pp | 70.2%+5.3pp |
| Annual return | 20.02% | 30.12%-10.1pp | 803.00%-783.0pp | 29.39%-9.4pp |
| Employer contribution / active EE | $425 | $2,190-80.6% | $5,144-91.7% | $2,177-80.5% |
| Participant deferral / active EE | $3,105 | $2,471+25.7% | $5,198-40.3% | $3,514-11.6% |
| Admin fee / account holder | $396 | $472-16.0% | $13,956-97.2% | $847-53.2% |