Filed June 15, 2021
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| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | -$234,477 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $80,364 | $81,301-1.2% | $76,030+5.7% | $200,096-59.8% |
| Participation rate | 90.6% | 70.1%+20.6pp | 69.1%+21.6pp | 72.0%+18.6pp |
| Annual return | 18.28% | 16.31%+2.0pp | 361.54%-343.3pp | 34.26%-16.0pp |
| Employer contribution / active EE | $6,709 | $3,352+100.2% | $2,688+149.6% | $3,038+120.9% |
| Participant deferral / active EE | $7,851 | $4,721+66.3% | $4,257+84.4% | $5,090+54.2% |
| Admin fee / account holder | $14 | $145-90.0% | $6,421-99.8% | $269-94.6% |