Filed September 27, 2022 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
TRUST POINT INC9+ years Filed as: TRUST POINT INC. Service code 15 · EIN 39-0415000 | Recordkeeping | $86,678 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,684 | $40,435+8.0% | $80,648-45.8% | $74,473-41.3% |
| Participation rate | 56.7% | 47.4%+9.3pp | 67.0%-10.3pp | 70.7%-14.1pp |
| Annual return | 13.49% | 165.22%-151.7pp | 937.21%-923.7pp | 34.36%-20.9pp |
| Employer contribution / active EE | $1,446 | $1,498-3.5% | $2,724-46.9% | $2,638-45.2% |
| Participant deferral / active EE | $1,461 | $2,673-45.3% | $4,443-67.1% | $4,530-67.7% |
| Admin fee / account holder | $198 | $721-72.5% | $5,382-96.3% | $347-43.0% |