| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $896,596 |
Service code 37 · EIN 04-2647786 | Loan Processing | $276,084 |
BDO USA, LLP2 years Filed as: BDO USA LLP Service code 10 · EIN 13-5381590 | Accounting | $43,165 |
NEWPORT GROUP, INC.5 years Filed as: NEWPORT GROUP SECURITIES, INC. Service code 28 · EIN 59-3099288 | Investment Management | $36,832 |
Service code 29 · EIN 58-0967450 | Legal | $11,969 |
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $136,451 | $135,240+0.9% | $170,055-19.8% | $96,393+41.6% |
| Participation rate | 98.4% | 86.5%+11.9pp | 87.0%+11.4pp | 71.3%+27.1pp |
| Annual return | 18.80% | 22.04%-3.2pp | 53.43%-34.6pp | 22.88%-4.1pp |
| Employer contribution / active EE | $2,880 | $5,029-42.7% | $6,790-57.6% | $3,239-11.1% |
| Participant deferral / active EE | $9,335 | $8,138+14.7% | $10,410-10.3% | $5,455+71.1% |
| Admin fee / account holder | $38 | $85-55.6% | $12,828-99.7% | $74-48.9% |