Filed November 28, 2016
Total covered: 16 employees
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| Provider | Service type | Compensation |
|---|---|---|
SAVANT CAPITAL MANAGEMENT4+ years Filed as: SAVANT CAPITAL MANAGEMENT, INC Service code 27 · EIN 36-3859937 | Advisory (Plan) | $124,471 |
ASPIRE FINANCIAL SERVICES4+ years Service code 15 · EIN 27-1033755 | Recordkeeping | $14,278 |
BENNING GROUP, LLC1 year Filed as: BENNING GROUP Service code 10 · EIN 30-0003878 | Accounting | $8,400 |
TD AMERITRADE, INC.4+ years Filed as: TD AMERITRADE Service code 19 · EIN 20-0937408 | Securities Custodian | $8,241 |
ASCENSUS LLC1 year Filed as: DWC ERISA CONSULTANTS, LLC Service code 17 · EIN 26-2091417 | Pension Consulting | $5,486 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $83,524 | $79,523+5.0% | $140,019-40.3% | $56,289+48.4% |
| Participation rate | 91.1% | 85.7%+5.4pp | 87.5%+3.6pp | 69.9%+21.3pp |
| Annual return | -4.50% | 2.39%-6.9pp | 651.17%-655.7pp | -9.96%+5.5pp |
| Employer contribution / active EE | $1,345 | $3,350-59.9% | $5,605-76.0% | $2,111-36.3% |
| Participant deferral / active EE | $4,329 | $5,129-15.6% | $6,927-37.5% | $3,350+29.2% |
| Admin fee / account holder | $579 | $614-5.8% | $10,705-94.6% | $521+11.1% |