Filed August 28, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
MARSHFIELD CLINIC10+ years Service code 14 · EIN 39-0452970 | Plan Administrator | $244,767 |
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $43,135 |
Form 5500 reported that benefits due were not provided when due.
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 | $136,710 | $68,110+100.7% | $155,556-12.1% | $99,313+37.7% |
| Participation rate | 93.1% | 67.8%+25.3pp | 78.2%+14.9pp | 71.7%+21.4pp |
| Annual return | 13.84% | 16.16%-2.3pp | 64.84%-51.0pp | 17.67%-3.8pp |
| Employer contribution / active EE | $1,361 | $2,291-40.6% | $4,675-70.9% | $3,264-58.3% |
| Participant deferral / active EE | $8,164 | $3,865+111.3% | $5,631+45.0% | $5,346+52.7% |
| Admin fee / account holder | $21 | $94-77.4% | $15,885-99.9% | $109-80.5% |