Filed August 16, 2018
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| Provider | Service type | Compensation |
|---|---|---|
CAPFINANCIAL PARTNERS LLC2+ years Filed as: CAPTRUST INVESTMENT ADVISORS Service code 26 8031 M-15 · CLARKSTON, MI 48348 | Advisory (Participants) | $57,959 |
Service code 15 8031 M-15 · CLARKSTON, MI 48348 | Recordkeeping | $35,573 |
NATIONAL FINANCIAL SERVICES2+ years Filed as: NATIONAL FINANCIAL SERVICES LLC Service code 19 · EIN 04-3523567 | Securities Custodian | $10,391 |
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 | $37,942 | $37,044+2.4% | $71,796-47.2% | $57,658-34.2% |
| Participation rate | 78.0% | 61.1%+16.9pp | 69.1%+8.9pp | 70.2%+7.8pp |
| Annual return | 8.29% | 12.64%-4.4pp | 78.04%-69.8pp | 5.13%+3.2pp |
| Employer contribution / active EE | $1,463 | $720+103.1% | $1,924-24.0% | $1,974-25.9% |
| Participant deferral / active EE | $2,998 | $1,974+51.8% | $2,794+7.3% | $3,061-2.1% |
| Admin fee / account holder | $193 | $101+91.2% | $4,815-96.0% | $95+104.1% |