Filed June 15, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | -$149,056 |
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 | $69,299 | $70,115-1.2% | $70,589-1.8% | $80,187-13.6% |
| Participation rate | 97.1% | 71.7%+25.4pp | 68.4%+28.7pp | 72.9%+24.1pp |
| Annual return | 22.50% | 134.51%-112.0pp | 32.80%-10.3pp | 40.40%-17.9pp |
| Employer contribution / active EE | $5,887 | $3,021+94.9% | $2,977+97.8% | $2,980+97.6% |
| Participant deferral / active EE | $8,465 | $4,495+88.3% | $4,569+85.3% | $5,016+68.8% |
| Admin fee / account holder | $13 | $112-88.2% | $6,430-99.8% | $145-90.8% |