Filed July 28, 2022
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| Provider | Service type | Compensation |
|---|---|---|
ASSOCIATED TRUST COMPANY, N.A.10+ years Service code 15 · EIN 30-0219031 | Recordkeeping | $343,368 |
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 | $59,202 | $100,196-40.9% | $90,796-34.8% | $100,573-41.1% |
| Participation rate | 90.0% | 80.5%+9.5pp | 69.5%+20.5pp | 70.9%+19.1pp |
| Annual return | 10.57% | 11.70%-1.1pp | 19.29%-8.7pp | 18.89%-8.3pp |
| Employer contribution / active EE | $2,268 | $4,032-43.7% | $2,294-1.1% | $3,763-39.7% |
| Participant deferral / active EE | $3,719 | $4,771-22.1% | $3,822-2.7% | $4,921-24.4% |
| Admin fee / account holder | $179 | $164+9.2% | $7,024-97.5% | $454-60.6% |