Filed January 6, 2021
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| Provider | Service type | Compensation |
|---|---|---|
HK FINANCIAL SERVICES4+ years Service code 15 · EIN 42-1447865 | Recordkeeping | $63,396 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $72,351 | $37,196+94.5% | $154,111-53.1% | $55,725+29.8% |
| Participation rate | 94.3% | 64.1%+30.2pp | 83.0%+11.2pp | 70.9%+23.4pp |
| Annual return | -6.50% | 1319.68%-1326.2pp | 735.18%-741.7pp | 244.93%-251.4pp |
| Employer contribution / active EE | $3,909 | $1,614+142.2% | $5,298-26.2% | $2,078+88.1% |
| Participant deferral / active EE | $3,984 | $2,068+92.6% | $5,081-21.6% | $3,356+18.7% |
| Admin fee / account holder | $219 | $102+115.9% | $13,411-98.4% | $115+90.5% |