Filed May 9, 2019
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | -$10,267 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $89,437 | $118,464-24.5% | $96,564-7.4% | $103,657-13.7% |
| Participation rate | 68.7% | 89.0%-20.3pp | 76.0%-7.3pp | 73.4%-4.7pp |
| Annual return | 21.10% | 18.79%+2.3pp | 25.89%-4.8pp | 33.13%-12.0pp |
| Employer contribution / active EE | $2,367 | $4,210-43.8% | $2,967-20.2% | $3,216-26.4% |
| Participant deferral / active EE | $4,123 | $7,277-43.3% | $4,852-15.0% | $5,218-21.0% |
| Admin fee / account holder | -$2 | $81-102.7% | $8,256-100.0% | $114-101.9% |