Filed November 2, 2018
Total covered: 19 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 4800 DEER LAKE DR E FL 1 · JACKSONVILLE, FL 322466484 | Advisory (Plan) | $16,936 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $12,276 |
Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,511 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,279 | $77,677-31.4% | $109,173-51.2% | $79,391-32.9% |
| Participation rate | 29.8% | 67.8%-38.0pp | 75.9%-46.0pp | 70.7%-40.9pp |
| Annual return | 14.39% | 23.44%-9.0pp | 25.75%-11.4pp | 116.88%-102.5pp |
| Employer contribution / active EE | $922 | $2,798-67.0% | $3,723-75.2% | $2,428-62.0% |
| Participant deferral / active EE | $1,915 | $3,517-45.6% | $4,654-58.9% | $4,046-52.7% |
| Admin fee / account holder | $350 | $732-52.3% | $6,755-94.8% | $627-44.2% |