Filed January 3, 2017
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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN TRUST COMPANY Service code 15 855 MAIN STREET, 4TH FLOOR · DUBUQUE, IA 520040938 | Recordkeeping | $30,377 |
Filed as: TRANSAMERICA FINANCIAL ADVISOR Service code 16 11315 JOHNS CREEK PARKWAY · JOHNS CREEK, GA 30097 | Consulting | $19,594 |
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 | $50,276 | $58,895-14.6% | $178,503-71.8% | $73,497-31.6% |
| Participation rate | 76.5% | 66.2%+10.3pp | 81.9%-5.4pp | 70.7%+5.8pp |
| Annual return | 14.45% | 24.86%-10.4pp | 151.12%-136.7pp | 28.51%-14.1pp |
| Employer contribution / active EE | $699 | $2,236-68.7% | $5,011-86.0% | $2,270-69.2% |
| Participant deferral / active EE | $3,193 | $2,567+24.4% | $5,202-38.6% | $3,740-14.6% |
| Admin fee / account holder | $342 | $400-14.5% | $13,987-97.6% | $513-33.3% |