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| Provider | Service type | Compensation |
|---|---|---|
GREAT LAKES ADVISORS, LLC2 years Filed as: GREAT LAKES PENSION ASSOCIATES, INC Service code 12 · EIN 38-2438760 37923 W. 12 MILE ROAD · FARMINGTON HILLS, MI 48331 | Contract Administrator; Other service... | $6,992 |
Filed as: VOYA RETIREMENT INS AND ANNUITY CO. Service code 26 · EIN 71-0294708 | Advisory (Participants) | $5,141 |
MORNINGSTAR7 years Service code 26 · EIN 36-4317381 | Advisory (Participants) | $1,058 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,530 | $99,168-64.2% | $96,534-63.2% | $74,460-52.3% |
| Participation rate | 40.9% | 80.7%-39.7pp | 76.0%-35.1pp | 70.7%-29.8pp |
| Annual return | 24.27% | 22.40%+1.9pp | 25.88%-1.6pp | 34.38%-10.1pp |
| Employer contribution / active EE | $0 | $2,570-100.0% | $2,965-100.0% | $2,638-100.0% |
| Participant deferral / active EE | $2,976 | $4,936-39.7% | $4,851-38.6% | $4,530-34.3% |
| Admin fee / account holder | $57 | $225-74.7% | $8,253-99.3% | $348-83.6% |