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 | $45,783 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,967 | $46,325+68.3% | $143,788-45.8% | $64,814+20.3% |
| Participation rate | 98.6% | 64.2%+34.4pp | 80.3%+18.3pp | 71.5%+27.2pp |
| Annual return | -15.09% | -10.05%-5.0pp | -0.03%-15.1pp | 32.84%-47.9pp |
| Employer contribution / active EE | $4,065 | $1,911+112.7% | $4,952-17.9% | $2,507+62.2% |
| Participant deferral / active EE | $5,139 | $2,647+94.1% | $5,638-8.9% | $4,310+19.2% |
| Admin fee / account holder | $106 | $154-31.1% | $14,675-99.3% | $188-43.6% |