Filed October 16, 2017
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $451,025 |
CAPFINANCIAL PARTNERS LLC3 years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 15 · EIN 26-0058143 | Recordkeeping | $124,374 |
PLANTE & MORAN, PLLC8+ years Service code 15 · EIN 32-0503264 | Recordkeeping | $31,500 |
DICKINSON WRIGHT PLLC8+ years Service code 15 · EIN 38-1364333 | Recordkeeping | $25,799 |
ADP BROKER-DEALER8+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $54,214 | $104,544-48.1% | $96,564-43.9% | $80,187-32.4% |
| Participation rate | 96.1% | 86.4%+9.8pp | 76.0%+20.2pp | 72.9%+23.2pp |
| Annual return | -6.02% | 21.79%-27.8pp | 25.89%-31.9pp | 40.40%-46.4pp |
| Employer contribution / active EE | $2,355 | $3,527-33.2% | $2,967-20.6% | $2,980-21.0% |
| Participant deferral / active EE | $4,036 | $6,170-34.6% | $4,852-16.8% | $5,016-19.5% |
| Admin fee / account holder | $122 | $107+13.7% | $8,256-98.5% | $145-16.2% |