Filed August 22, 2016 (most recent of 9 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
EPLAN ADVISORS, LLC1 year Service code 17 · EIN 84-1543749 | Pension Consulting | $16,753 |
DAVID ROMANO1 year Filed as: DAVID S COHEN Service code 61 3424 PEACHTREE RD NE · ATLANTA, GA 30326 | Finders' fees / placement fees | $15,643 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $42,960 | $71,192-39.7% | $117,861-63.6% | $62,293-31.0% |
| Participation rate | 53.9% | 74.2%-20.3pp | 79.7%-25.7pp | 69.5%-15.6pp |
| Annual return | 18.18% | 18.66%-0.5pp | 335.11%-316.9pp | 28.90%-10.7pp |
| Employer contribution / active EE | $1,059 | $1,934-45.2% | $3,786-72.0% | $2,042-48.2% |
| Participant deferral / active EE | $1,747 | $3,189-45.2% | $4,482-61.0% | $3,169-44.9% |
| Admin fee / account holder | $221 | $587-62.3% | $8,021-97.2% | $479-53.9% |