Filed April 19, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 30-0219031 | Recordkeeping | $51,935 |
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 | $74,211 | $81,494-8.9% | $133,978-44.6% | $73,497+1.0% |
| Participation rate | 72.2% | 76.4%-4.2pp | 79.8%-7.6pp | 70.7%+1.5pp |
| Annual return | 17.52% | 19.40%-1.9pp | 45.10%-27.6pp | 28.51%-11.0pp |
| Employer contribution / active EE | $0 | $2,210-100.0% | $3,919-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $1,988 | $3,787-47.5% | $5,047-60.6% | $3,740-46.8% |
| Admin fee / account holder | $275 | $713-61.5% | $8,930-96.9% | $513-46.4% |