Filed December 21, 2024
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| Provider | Service type | Compensation |
|---|---|---|
VALMARK ADVISERS INC2 years Filed as: VALMARK ADVISERS, INC. Service code 26 · EIN 31-1509466 | Advisory (Participants) | $10,280 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $927 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $96,447 | $81,494+18.3% | $133,978-28.0% | $73,497+31.2% |
| Participation rate | 62.0% | 76.4%-14.3pp | 79.8%-17.8pp | 70.7%-8.6pp |
| Annual return | 13.55% | 19.40%-5.8pp | 45.10%-31.5pp | 28.51%-15.0pp |
| Employer contribution / active EE | $679 | $2,210-69.3% | $3,919-82.7% | $2,270-70.1% |
| Participant deferral / active EE | $3,917 | $3,787+3.4% | $5,047-22.4% | $3,740+4.7% |
| Admin fee / account holder | $65 | $713-90.9% | $8,930-99.3% | $513-87.3% |