Filed November 6, 2015
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| Provider | Service type | Compensation |
|---|---|---|
MHS INSURANCE AGENCY LLC1 year Service code 99 · EIN 47-2533624 | Other Fees | $8,292 |
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $0 |
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 | $48,827 | $81,334-40.0% | $113,397-56.9% | $64,097-23.8% |
| Participation rate | 93.9% | 65.6%+28.2pp | 76.5%+17.4pp | 55.2%+38.7pp |
| Annual return | 13.60% | 32.50%-18.9pp | 23.20%-9.6pp | 34.64%-21.0pp |
| Employer contribution / active EE | $2,699 | $2,077+30.0% | $2,977-9.4% | $1,891+42.7% |
| Participant deferral / active EE | $3,027 | $3,795-20.3% | $5,076-40.4% | $3,080-1.7% |
| Admin fee / account holder | $143 | $4,208-96.6% | $11,957-98.8% | $3,454-95.9% |