| Provider | Service type | Compensation |
|---|---|---|
Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846 | Recordkeeping | $392,605 |
UBS FINANCIAL SERVICES INC8+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 · EIN 13-2638166 | Advisory (Plan) | $40,000 |
MATRIX TRUST COMPANY2 years Service code 19 · EIN 75-3182674 | Securities Custodian | $0 |
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.
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 | $33,388 | $47,540-29.8% | $79,591-58.1% | $89,433-62.7% |
| Participation rate | 10.4% | 54.9%-44.5pp | 69.5%-59.1pp | 71.3%-60.9pp |
| Annual return | -17.79% | -8.05%-9.7pp | 0.18%-18.0pp | -11.88%-5.9pp |
| Employer contribution / active EE | $1 | $1,122-99.9% | $2,413-100.0% | $3,021-100.0% |
| Participant deferral / active EE | $459 | $1,961-76.6% | $3,986-88.5% | $5,125-91.0% |
| Admin fee / account holder | $72 | $59+23.3% | $6,815-98.9% | $79-9.1% |