Filed April 13, 2022
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $256,609 |
UBS FINANCIAL SERVICES INC5+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 70 · EIN 13-2638166 | Consulting Fees | $144,200 |
KPMG LLP5+ years Filed as: KPMG Service code 10 · EIN 13-5565207 | Accounting | $62,401 |
BAKER DONELSON5+ years Service code 50 · EIN 62-1047356 | Direct Payment | $25,528 |
CLIFTONLARSONALLEN LLP1 year Service code 10 · EIN 41-0746749 | Accounting | $8,800 |
LEXIS NEXIS1 year Filed as: LEXISNEXIS RISK DATA MANAGEMENT INC Service code 50 · EIN 65-0852445 | Direct Payment | $7,785 |
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 | $56,214 | $58,202-3.4% | $172,757-67.5% | $89,609-37.3% |
| Participation rate | 52.1% | 72.8%-20.8pp | 82.6%-30.6pp | 69.6%-17.5pp |
| Annual return | 30.90% | 61.59%-30.7pp | 803.06%-772.2pp | 33.65%-2.7pp |
| Employer contribution / active EE | $628 | $1,759-64.3% | $5,144-87.8% | $2,584-75.7% |
| Participant deferral / active EE | $2,014 | $3,335-39.6% | $5,198-61.3% | $4,222-52.3% |
| Admin fee / account holder | $63 | $53+19.0% | $13,956-99.6% | $72-12.7% |