Filed April 19, 2016
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| Provider | Service type | Compensation |
|---|---|---|
THE APPLETON GROUP, LLC3+ years Service code 27 · EIN 30-0021894 100 W. LAWRENCE STREET · APPLETON, WI 54911 | Advisory (Plan) | $28,710 |
PENSION INC.3+ years Service code 13 · EIN 39-1955089 1980 COMMERCIAL WAY · GREEN BAY, WI 54311 | Contract Administrator | $15,188 |
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.
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 | $58,335 | $71,192-18.1% | $117,861-50.5% | $62,293-6.4% |
| Participation rate | 68.8% | 74.2%-5.4pp | 79.7%-10.9pp | 69.5%-0.7pp |
| Annual return | 16.18% | 18.66%-2.5pp | 335.11%-318.9pp | 28.90%-12.7pp |
| Employer contribution / active EE | $2,267 | $1,934+17.2% | $3,786-40.1% | $2,042+11.0% |
| Participant deferral / active EE | $1,349 | $3,189-57.7% | $4,482-69.9% | $3,169-57.4% |
| Admin fee / account holder | $282 | $587-52.0% | $8,021-96.5% | $479-41.2% |