Filed January 27, 2016 (most recent of 3 filings on file)
Total covered: 3 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 28 · EIN 38-3268411 | Investment Management | $171,974 |
Service code 13 · EIN 23-3038464 | Contract Administrator | $43,530 |
Filed as: GREGORY J. SCHWARTZ & CO., INC. Service code 28 3707 W. MAPLE ROAD · BLOOMFIELD HILLS, MI 48301 | Investment Management | $27,934 |
ADVISORTRUST3 years Service code 19 212 SOUTH MAIN AVENUE · SIOUX FALLS, SD 57104 | Securities Custodian | $27,820 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $154,345 | $100,801+53.1% | $149,730+3.1% | $73,412+110.2% |
| Participation rate | 97.5% | 77.7%+19.8pp | 82.5%+15.0pp | 72.2%+25.3pp |
| Annual return | 10.28% | 265.34%-255.1pp | 276.70%-266.4pp | 59.30%-49.0pp |
| Employer contribution / active EE | $5,402 | $3,312+63.1% | $4,645+16.3% | $2,234+141.9% |
| Participant deferral / active EE | $7,522 | $6,404+17.5% | $6,843+9.9% | $3,806+97.7% |
| Admin fee / account holder | $658 | $181+264.1% | $9,310-92.9% | $158+317.0% |