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 | $89,670-34.0% | $90,259-34.4% | $89,670-34.0% |
| Participation rate | 90.0% | 71.2%+18.8pp | 70.7%+19.3pp | 71.2%+18.8pp |
| Annual return | 10.57% | 19.66%-9.1pp | 18.88%-8.3pp | 19.66%-9.1pp |
| Employer contribution / active EE | $2,268 | $4,041-43.9% | $2,291-1.0% | $4,041-43.9% |
| Participant deferral / active EE | $3,719 | $3,962-6.1% | $3,827-2.8% | $3,962-6.1% |
| Admin fee / account holder | $179 | $352-49.2% | $7,267-97.5% | $352-49.2% |