Filed February 27, 2023 (most recent of 4 filings on file)
Total covered: 8 employees
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| Provider | Service type | Compensation |
|---|---|---|
SPECTRUM INVESTMENT ADVISORS2 years Service code 27 · EIN 39-1828175 | Advisory (Plan) | $36,512 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $29,266 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $115,698 | $122,239-5.4% | $184,203-37.2% | $74,495+55.3% |
| Participation rate | 99.0% | 85.5%+13.5pp | 86.8%+12.2pp | 67.2%+31.8pp |
| Annual return | 12.15% | 19.95%-7.8pp | 28.81%-16.7pp | 1364.94%-1352.8pp |
| Employer contribution / active EE | $3,024 | $4,537-33.4% | $6,427-53.0% | $2,623+15.3% |
| Participant deferral / active EE | $7,339 | $7,139+2.8% | $9,131-19.6% | $4,346+68.9% |
| Admin fee / account holder | $539 | $1,260-57.2% | $13,901-96.1% | $1,942-72.2% |