Filed January 10, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $306 |
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 | $155,583 | $130,655+19.1% | $93,759+65.9% | $64,819+140.0% |
| Participation rate | 89.9% | 84.9%+5.0pp | 81.0%+8.9pp | 71.5%+18.4pp |
| Annual return | -15.89% | -14.04%-1.8pp | -11.33%-4.6pp | 32.84%-48.7pp |
| Employer contribution / active EE | $4,312 | $5,594-22.9% | $4,324-0.3% | $2,507+72.0% |
| Participant deferral / active EE | $9,895 | $8,067+22.7% | $6,096+62.3% | $4,311+129.5% |
| Admin fee / account holder | $122 | $140-12.8% | $7,197-98.3% | $188-34.9% |