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 | $109,352 |
Service code 13 · EIN 23-3038464 | Contract Administrator | $72,203 |
ADVISORTRUST5 years Service code 19 212 SOUTH MAIN AVENUE · SIOUX FALLS, SD 57104 | Securities Custodian | $47,722 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $131,553 | $82,163+60.1% | $125,381+4.9% | $64,819+103.0% |
| Participation rate | 96.5% | 77.9%+18.6pp | 82.4%+14.1pp | 71.5%+25.0pp |
| Annual return | -17.79% | 3.49%-21.3pp | 572.31%-590.1pp | 32.84%-50.6pp |
| Employer contribution / active EE | $5,693 | $3,616+57.4% | $4,815+18.2% | $2,507+127.1% |
| Participant deferral / active EE | $9,090 | $7,175+26.7% | $7,448+22.1% | $4,311+110.9% |
| Admin fee / account holder | $457 | $163+180.2% | $10,007-95.4% | $188+143.5% |