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| Provider | Service type | Compensation |
|---|---|---|
Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143 | Advisory (Plan) | $8,281 |
Service code 37 · EIN 04-2647786 | Loan Processing | $1,810 |
Filed as: GREAT-WEST LIFE & ANNUITY COMPANY Service code 64 815 EAST ORCHARD RD STE 1700 · RALEIGH, NC 27609 | Recordkeeping Fees | $1,375 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $28,389 | $60,165-52.8% | $74,183-61.7% | $55,167-48.5% |
| Participation rate | 40.6% | 74.2%-33.6pp | 76.6%-36.1pp | 69.0%-28.4pp |
| Annual return | 5.79% | 10.00%-4.2pp | 17.74%-11.9pp | 169.23%-163.4pp |
| Employer contribution / active EE | $305 | $1,600-80.9% | $2,370-87.1% | $1,963-84.4% |
| Participant deferral / active EE | $644 | $2,973-78.3% | $3,550-81.9% | $3,054-78.9% |
| Admin fee / account holder | $100 | $419-76.3% | $5,586-98.2% | $504-80.2% |