Filed January 27, 2016 (most recent of 3 filings on file)
Total covered: 3 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREGORY J. SCHWARTZ & CO., INC. Service code 28 3707 W. MAPLE ROAD · BLOOMFIELD HILLS, MI 48301 | Investment Management | $133,393 |
Service code 13 · EIN 23-3038464 | Contract Administrator | $56,702 |
ADVISORTRUST7 years Service code 19 212 SOUTH MAIN AVENUE · SIOUX FALLS, SD 57104 | Securities Custodian | $37,801 |
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 | $142,600 | $106,247+34.2% | $147,096-3.1% | $77,714+83.5% |
| Participation rate | 96.8% | 78.4%+18.4pp | 82.2%+14.6pp | 70.6%+26.2pp |
| Annual return | 30.84% | 56.87%-26.0pp | 419.75%-388.9pp | 31.26%-0.4pp |
| Employer contribution / active EE | $5,828 | $4,069+43.2% | $4,936+18.1% | $2,727+113.7% |
| Participant deferral / active EE | $8,800 | $7,996+10.1% | $8,071+9.0% | $4,649+89.3% |
| Admin fee / account holder | $307 | $338-9.3% | $13,005-97.6% | $433-29.2% |