Filed June 19, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
DUBUQUE BANK & TRUST COMPANY3+ years Service code 15 · EIN 42-0223620 | Recordkeeping | $135,265 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $77,702 | $69,305+12.1% | $82,312-5.6% | $69,631+11.6% |
| Participation rate | 79.4% | 80.3%-0.9pp | 76.9%+2.5pp | 70.7%+8.7pp |
| Annual return | 17.88% | 21.47%-3.6pp | 25.88%-8.0pp | 27571.02%-27553.1pp |
| Employer contribution / active EE | $1,315 | $1,887-30.3% | $2,428-45.8% | $2,032-35.3% |
| Participant deferral / active EE | $2,430 | $3,568-31.9% | $3,706-34.4% | $3,224-24.6% |
| Admin fee / account holder | $437 | $97+350.1% | $5,608-92.2% | $110+296.0% |