Filed January 6, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: AVANTAX RETIREMENT PLAN SERVICES Service code 15 · EIN 42-1447865 | Recordkeeping | $74,206 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,897 | $50,919+111.9% | $155,556-30.6% | $77,762+38.8% |
| Participation rate | 98.7% | 63.1%+35.6pp | 78.2%+20.5pp | 70.6%+28.1pp |
| Annual return | 13.94% | 34.84%-20.9pp | 64.84%-50.9pp | 31.27%-17.3pp |
| Employer contribution / active EE | $2,303 | $1,991+15.6% | $4,675-50.8% | $2,728-15.6% |
| Participant deferral / active EE | $5,282 | $2,824+87.0% | $5,631-6.2% | $4,651+13.6% |
| Admin fee / account holder | $160 | $437-63.3% | $15,885-99.0% | $433-63.0% |