Filed December 12, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $55,154 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,613 | $123,286-81.7% | $75,501-70.0% | $77,958-71.0% |
| Participation rate | 92.4% | 78.8%+13.6pp | 72.4%+20.0pp | 71.6%+20.7pp |
| Annual return | 27.71% | 20.45%+7.3pp | 27.35%+0.4pp | 20.87%+6.8pp |
| Employer contribution / active EE | $2,073 | $2,035+1.9% | $2,352-11.9% | $2,310-10.3% |
| Participant deferral / active EE | $3,576 | $3,095+15.5% | $3,142+13.8% | $3,537+1.1% |
| Admin fee / account holder | $27 | $144-81.3% | $5,801-99.5% | $97-72.4% |