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 | $85,515-42.9% | $112,040-56.4% | $67,986-28.2% |
| Participation rate | 93.9% | 68.2%+25.7pp | 76.5%+17.4pp | 57.2%+36.7pp |
| Annual return | 13.60% | 29.68%-16.1pp | 24.52%-10.9pp | 31.67%-18.1pp |
| Employer contribution / active EE | $2,699 | $2,191+23.2% | $2,954-8.6% | $2,019+33.7% |
| Participant deferral / active EE | $3,027 | $4,014-24.6% | $5,098-40.6% | $3,358-9.9% |
| Admin fee / account holder | $143 | $3,774-96.2% | $12,098-98.8% | $3,203-95.5% |