Filed July 21, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $119,062 |
VALMARK ADVISERS INC3 years Filed as: VALMARK ADVISERS Service code 27 · EIN 31-1509466 | Advisory (Plan) | $44,904 |
REDPATH AND COMPANY1 year Filed as: REDPATH AND COMPANY, LLC Service code 10 · EIN 92-0370318 | Accounting | $13,900 |
SAUL EWING1 year Filed as: SAUL EWING ARNSTEIN Service code 13 · EIN 23-1416352 | Contract Administrator | $11,472 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,404 | $95,388-25.1% | $125,401-43.1% | $77,906-8.3% |
| Participation rate | 97.6% | 78.6%+19.0pp | 82.4%+15.3pp | 73.7%+23.9pp |
| Annual return | -16.83% | 116.19%-133.0pp | 572.53%-589.4pp | 12.16%-29.0pp |
| Employer contribution / active EE | $1,290 | $3,666-64.8% | $4,816-73.2% | $2,846-54.7% |
| Participant deferral / active EE | $6,417 | $7,711-16.8% | $7,448-13.8% | $4,805+33.5% |
| Admin fee / account holder | $134 | $119+12.3% | $10,008-98.7% | $133+0.7% |