Filed October 1, 2020 (most recent of 6 filings on file)
Total covered: 4,934 employees
| Provider | Service type | Compensation |
|---|---|---|
JPMORGAN INVEST HOLDINGS LLC5+ years Filed as: JPMORGAN CHASE BANK, N.A. Service code 18 · EIN 13-4994650 | Other investment fees and expenses; C... | $64,607 |
THE VANGUARD GROUP, INC.5+ years Service code 28 · EIN 23-1945930 | Investment Management | $1,338 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | STATE FARM BANK | PARTY-IN-INTEREST BANK CHARGED FEES IN EXCESS OF WHAT IS PERMITTED UNDER PTCE 2004-16 ON DEFAULT ROLLOVER AMOUNTS INTO IRAS | — | — |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported the discovery of a loss from fraud or dishonesty.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $149,682 | $121,259+23.4% | $162,185-7.7% | $89,609+67.0% |
| Participation rate | 97.0% | 90.0%+6.9pp | 87.6%+9.4pp | 69.6%+27.4pp |
| Annual return | 21.26% | 22.23%-1.0pp | 115.61%-94.3pp | 33.65%-12.4pp |
| Employer contribution / active EE | $1,109 | $4,435-75.0% | $5,613-80.2% | $2,584-57.1% |
| Participant deferral / active EE | $5,736 | $6,620-13.4% | $7,297-21.4% | $4,222+35.8% |
| Admin fee / account holder | $0 | $101-100.0% | $10,844-100.0% | $72-100.0% |