Filed August 22, 2016 (most recent of 9 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
DAVID ROMANO1 year Filed as: DAVID COHEN Service code 61 3424 PEACHTREE RD NE · ATLANTA, GA 30326 | Finders' fees / placement fees | $21,257 |
EPLAN ADVISORS, LLC4 years Service code 17 · EIN 36-1543746 | Pension Consulting | $21,166 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $52,313 | $81,494-35.8% | $133,982-61.0% | $73,501-28.8% |
| Participation rate | 47.0% | 76.4%-29.3pp | 79.8%-32.8pp | 70.7%-23.7pp |
| Annual return | 12.13% | 19.40%-7.3pp | 45.10%-33.0pp | 28.51%-16.4pp |
| Employer contribution / active EE | $880 | $2,210-60.2% | $3,919-77.6% | $2,270-61.2% |
| Participant deferral / active EE | $1,426 | $3,787-62.4% | $5,047-71.8% | $3,740-61.9% |
| Admin fee / account holder | $189 | $713-73.5% | $8,930-97.9% | $513-63.1% |