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 | $106,264+34.2% | $147,117-3.1% | $77,762+83.4% |
| Participation rate | 96.8% | 78.4%+18.4pp | 82.2%+14.6pp | 70.6%+26.2pp |
| Annual return | 30.84% | 56.94%-26.1pp | 420.54%-389.7pp | 31.27%-0.4pp |
| Employer contribution / active EE | $5,828 | $4,074+43.0% | $4,932+18.1% | $2,728+113.6% |
| Participant deferral / active EE | $8,800 | $8,003+10.0% | $8,065+9.1% | $4,651+89.2% |
| Admin fee / account holder | $307 | $334-8.3% | $12,993-97.6% | $433-29.1% |