Filed January 11, 2023 (most recent of 4 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
LAKE FOREST COLLEGE5 years Service code 28 · EIN 36-2167770 | Investment Management | $9,375 |
TIAA5 years Service code 15 · EIN 13-1624203 | Recordkeeping | $1,075 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $163,993 | $91,762+78.7% | $67,502+142.9% | $77,643+111.2% |
| Participation rate | 99.4% | 75.9%+23.5pp | 72.9%+26.6pp | 70.6%+28.9pp |
| Annual return | 11.22% | 14.87%-3.6pp | 3512.12%-3500.9pp | 31.24%-20.0pp |
| Employer contribution / active EE | $4,511 | $3,181+41.8% | $2,731+65.2% | $2,726+65.5% |
| Participant deferral / active EE | $4,770 | $3,903+22.2% | $4,000+19.3% | $4,647+2.6% |
| Admin fee / account holder | $12 | $176-93.2% | $3,998-99.7% | $430-97.2% |