Filed October 16, 2017
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $432,601 |
CAPFINANCIAL PARTNERS LLC2 years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 15 · EIN 26-0058143 | Recordkeeping | $97,418 |
DICKINSON WRIGHT PLLC7+ years Service code 15 · EIN 38-1364333 | Recordkeeping | $44,190 |
ASCENSUS LLC7+ years Filed as: RETIREMENT MANAGEMENT SERVICES, LLC Service code 15 · EIN 31-1560462 | Recordkeeping | $11,500 |
PLANTE & MORAN, PLLC7+ years Service code 15 · EIN 32-0503264 | Recordkeeping | $5,500 |
ADP BROKER-DEALER7+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,181 | $130,052-55.3% | $86,717-32.9% | $77,906-25.3% |
| Participation rate | 96.2% | 85.9%+10.3pp | 76.6%+19.6pp | 73.7%+22.5pp |
| Annual return | 4.34% | -12.73%+17.1pp | 35.97%-31.6pp | 12.16%-7.8pp |
| Employer contribution / active EE | $2,063 | $3,214-35.8% | $2,837-27.3% | $2,846-27.5% |
| Participant deferral / active EE | $3,774 | $5,741-34.3% | $4,657-19.0% | $4,805-21.5% |
| Admin fee / account holder | $114 | $132-13.5% | $7,494-98.5% | $133-14.0% |