Filed May 15, 2024 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $425 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $39,389 | $56,054-29.7% | $171,082-77.0% | $62,881-37.4% |
| Participation rate | 38.7% | 62.9%-24.2pp | 76.7%-38.0pp | 69.3%-30.6pp |
| Annual return | 8.91% | 22.52%-13.6pp | 32.56%-23.6pp | 20.14%-11.2pp |
| Employer contribution / active EE | $1,475 | $1,731-14.8% | $4,002-63.2% | $2,281-35.3% |
| Participant deferral / active EE | $2,952 | $3,158-6.5% | $4,797-38.5% | $3,203-7.8% |
| Admin fee / account holder | $7 | $3,647-99.8% | $8,520-99.9% | $4,296-99.8% |