Filed April 19, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 30-0219031 | Recordkeeping | $48,561 |
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 | $66,467 | $86,341-23.0% | $125,195-46.9% | $65,186+2.0% |
| Participation rate | 70.8% | 75.3%-4.5pp | 79.8%-9.0pp | 70.2%+0.6pp |
| Annual return | 23.63% | 27.44%-3.8pp | 43.79%-20.2pp | 29.39%-5.8pp |
| Employer contribution / active EE | $2,350 | $2,040+15.2% | $3,866-39.2% | $2,177+7.9% |
| Participant deferral / active EE | $1,843 | $3,538-47.9% | $4,937-62.7% | $3,514-47.5% |
| Admin fee / account holder | $258 | $609-57.6% | $9,704-97.3% | $847-69.5% |