Filed April 13, 2022
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $415,543 |
UBS FINANCIAL SERVICES INC6+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 70 · EIN 13-2638166 | Consulting Fees | $157,308 |
KPMG LLP6+ years Filed as: KPMG Service code 10 · EIN 13-5565207 | Accounting | $35,000 |
BAKER DONELSON6+ years Service code 50 · EIN 62-1047356 | Direct Payment | $24,741 |
CLIFTONLARSONALLEN LLP2 years Service code 10 · EIN 41-0746749 | Accounting | $8,925 |
LEXIS NEXIS2 years Filed as: LEXISNEXIS RISK DATA MANAGEMENT INC Service code 50 · EIN 65-0852445 | Direct Payment | $5,122 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $63,173 | $66,513-5.0% | $178,510-64.6% | $106,273-40.6% |
| Participation rate | 64.5% | 73.8%-9.2pp | 81.9%-17.4pp | 70.8%-6.3pp |
| Annual return | 42.01% | 21.81%+20.2pp | 151.13%-109.1pp | 21.70%+20.3pp |
| Employer contribution / active EE | $764 | $1,776-57.0% | $5,011-84.7% | $2,722-71.9% |
| Participant deferral / active EE | $2,470 | $3,679-32.9% | $5,202-52.5% | $4,601-46.3% |
| Admin fee / account holder | $60 | $53+12.9% | $13,988-99.6% | $78-23.0% |