Filed March 24, 2022
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| Provider | Service type | Compensation |
|---|---|---|
CAPFINANCIAL PARTNERS LLC5 years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143 | Advisory (Plan) | $42,748 |
Service code 37 · EIN 04-2647786 | Loan Processing | $30,007 |
STRATEGIC ADVISORS, INC.7 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $7,976 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $127,668 | $45,119+183.0% | $85,126+50.0% | $74,429+71.5% |
| Participation rate | 85.6% | 49.4%+36.3pp | 67.5%+18.1pp | 67.2%+18.4pp |
| Annual return | 14.58% | 26.28%-11.7pp | 66.63%-52.0pp | 1368.38%-1353.8pp |
| Employer contribution / active EE | $4,397 | $1,460+201.1% | $2,731+61.0% | $2,625+67.5% |
| Participant deferral / active EE | $9,630 | $2,738+251.7% | $4,523+112.9% | $4,348+121.5% |
| Admin fee / account holder | $377 | $2,214-83.0% | $6,160-93.9% | $1,944-80.6% |