Filed January 15, 2020 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $1,425,886 |
STRATEGIC ADVISORS, INC.8+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $933,740 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $105,704 | $133,493-20.8% | $64,110+64.9% | $96,393+9.7% |
| Participation rate | 0.0% | 69.3%-69.3pp | 72.3%-72.3pp | 71.3%-71.3pp |
| Annual return | 17.51% | 17.06%+0.4pp | 33.75%-16.2pp | 22.88%-5.4pp |
| Employer contribution / active EE | $3,189 | $6,233-48.8% | $2,751+15.9% | $3,239-1.5% |
| Participant deferral / active EE | $7,396 | $5,097+45.1% | $3,883+90.5% | $5,455+35.6% |
| Admin fee / account holder | $61 | $34+76.4% | $3,071-98.0% | $74-18.0% |