| Provider | Service type | Compensation |
|---|---|---|
BMO HARRIS BANK NA1+ years Filed as: BMO HARRIS BANK, N.A. Service code 15 · EIN 36-2085229 | Recordkeeping | $181,866 |
Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846 | Recordkeeping | $63,440 |
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 · EIN 13-2638166 | Advisory (Plan) | $41,760 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | BMO HARRIS BANK N.A. | TRUSTEE FAILURE TO DEPOSIT SUB ADVISORY REVENUE TO PLAN; CORRECTED IN 2015 - DEPOSITED REVENUE AND INTEREST | — | $8K |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $35,873 | $36,004-0.4% | $64,101-44.0% | $69,651-48.5% |
| Participation rate | 8.5% | 47.3%-38.8pp | 68.2%-59.7pp | 66.6%-58.1pp |
| Annual return | -2.23% | 4.26%-6.5pp | 791.27%-793.5pp | 53.77%-56.0pp |
| Employer contribution / active EE | $0 | $617-100.0% | $1,820-100.0% | $2,241-100.0% |
| Participant deferral / active EE | $260 | $1,166-77.7% | $2,822-90.8% | $3,635-92.8% |
| Admin fee / account holder | $100 | $49+105.3% | $4,499-97.8% | $63+58.9% |