Filed August 16, 2018
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| Provider | Service type | Compensation |
|---|---|---|
CAPFINANCIAL PARTNERS LLC4+ years Filed as: CAPTRUST INVESTMENT ADVISORS Service code 26 8031 M-15 · CLARKSTON, MI 48348 | Advisory (Participants) | $70,657 |
Service code 15 8031 M-15 · CLARKSTON, MI 48348 | Recordkeeping | $55,558 |
Filed as: FIDELITY PERSONAL TRUST COMPANY Service code 21 2710 CENTERVILLE ROAD · WILMINGTON, DE 19801 | Bank Trustee | $7,507 |
PLANTE & MORAN, PLLC1 year Filed as: PLANTE & MORAN PLLC Service code 10 · EIN 38-1357951 | Accounting | $7,500 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $33,048 | $35,485-6.9% | $74,551-55.7% | $55,725-40.7% |
| Participation rate | 85.1% | 62.5%+22.5pp | 69.1%+15.9pp | 70.9%+14.2pp |
| Annual return | -7.16% | 0.72%-7.9pp | 32.53%-39.7pp | 244.93%-252.1pp |
| Employer contribution / active EE | $1,536 | $777+97.6% | $1,961-21.7% | $2,078-26.1% |
| Participant deferral / active EE | $3,271 | $2,181+50.0% | $3,108+5.2% | $3,356-2.5% |
| Admin fee / account holder | $176 | $114+53.8% | $5,059-96.5% | $115+52.7% |