Filed April 19, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 30-0219031 | Recordkeeping | $61,566 |
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 | $63,206 | $93,182-32.2% | $146,643-56.9% | $79,391-20.4% |
| Participation rate | 85.6% | 76.4%+9.2pp | 80.1%+5.6pp | 70.7%+14.9pp |
| Annual return | 13.81% | 21.61%-7.8pp | 22.75%-8.9pp | 116.88%-103.1pp |
| Employer contribution / active EE | $2,212 | $2,420-8.6% | $4,137-46.5% | $2,428-8.9% |
| Participant deferral / active EE | $2,917 | $4,169-30.0% | $5,506-47.0% | $4,046-27.9% |
| Admin fee / account holder | $276 | $585-52.8% | $10,280-97.3% | $627-55.9% |