Filed January 3, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BOECKERMANN, GRAFSTROM & MAYER, LLC Service code 10 4470 W 78TH ST CIRCLE · BLOOMINGTON, MN 554355416 | Accounting | $6,450 |
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $1,450 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $77,340 | $50,637+52.7% | $86,582-10.7% | $62,293+24.2% |
| Participation rate | 87.1% | 67.9%+19.2pp | 73.5%+13.5pp | 69.5%+17.5pp |
| Annual return | 18.10% | 20.80%-2.7pp | 965.08%-947.0pp | 28.90%-10.8pp |
| Employer contribution / active EE | $0 | $2,075-100.0% | $2,839-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $5,154 | $2,611+97.4% | $3,609+42.8% | $3,169+62.6% |
| Admin fee / account holder | $51 | $413-87.6% | $4,904-99.0% | $479-89.3% |