Filed April 19, 2023 (most recent of 4 filings on file)
Total covered: 230 employees
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $1,296,214 |
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $239,112 |
Form 5500 reported that benefits due were not provided when due.
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 | $92,893 | $68,062+36.5% | $185,854-50.0% | $106,520-12.8% |
| Participation rate | 92.3% | 75.2%+17.1pp | 81.7%+10.6pp | 71.3%+21.0pp |
| Annual return | 13.64% | 18.20%-4.6pp | 122.12%-108.5pp | 19.28%-5.6pp |
| Employer contribution / active EE | $3,459 | $1,997+73.2% | $5,169-33.1% | $2,840+21.8% |
| Participant deferral / active EE | $5,843 | $3,990+46.4% | $5,569+4.9% | $4,948+18.1% |
| Admin fee / account holder | $49 | $53-6.8% | $16,246-99.7% | $75-34.1% |