Filed January 3, 2017
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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN REALTY ADVISORS2 years Filed as: AMERICAN TRUST COMPANY Service code 15 855 MAIN STREET, 4TH FLOOR · DUBUQUE, IA 520040938 | Recordkeeping | $31,499 |
Filed as: TRANSAMERICA FINANCIAL ADVISOR Service code 16 11315 JOHNS CREEK PARKWAY · JOHNS CREEK, GA 30097 | Consulting | $20,035 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $57,253 | $61,172-6.4% | $185,851-69.2% | $79,389-27.9% |
| Participation rate | 67.1% | 66.6%+0.5pp | 81.7%-14.6pp | 70.7%-3.6pp |
| Annual return | 12.22% | 19.45%-7.2pp | 122.11%-109.9pp | 116.89%-104.7pp |
| Employer contribution / active EE | $639 | $2,321-72.5% | $5,168-87.6% | $2,428-73.7% |
| Participant deferral / active EE | $3,241 | $2,788+16.2% | $5,569-41.8% | $4,046-19.9% |
| Admin fee / account holder | $360 | $710-49.2% | $16,245-97.8% | $626-42.5% |