Filed May 26, 2017
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $45,396 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $37,637 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $140,169 | $88,186+58.9% | $165,071-15.1% | $74,459+88.2% |
| Participation rate | 100.0% | 73.1%+26.9pp | 78.6%+21.4pp | 67.2%+32.8pp |
| Annual return | 15.36% | 17.13%-1.8pp | 70.17%-54.8pp | 1369.70%-1354.3pp |
| Employer contribution / active EE | $3,940 | $2,600+51.5% | $4,347-9.4% | $2,626+50.0% |
| Participant deferral / active EE | $9,588 | $4,505+112.9% | $6,035+58.9% | $4,350+120.4% |
| Admin fee / account holder | $336 | $2,234-84.9% | $12,695-97.4% | $1,945-82.7% |