Filed August 22, 2016 (most recent of 9 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
EPLAN ADVISORS, LLC1 year Filed as: EPLAN SERVICES Service code 17 · EIN 36-1543746 | Pension Consulting | $22,316 |
DAVID ROMANO5 years Filed as: DAVID S COHEN Service code 61 3424 PEACHTREE RD NE STE 1170 · ATLANTA, GA 30326 | Finders' fees / placement fees | $13,109 |
DAVID ROMANO1 year Filed as: DAVID C COHEN Service code 27 3424 PEACHTREE RD NE STE 1170 · ATLANTA, GA 30326 | Advisory (Plan) | $11,712 |
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.
Annual investment return 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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,099 | $93,182-45.2% | $146,649-65.2% | $79,395-35.6% |
| Participation rate | 44.6% | 76.4%-31.8pp | 80.1%-35.4pp | 70.7%-26.1pp |
| Annual return | 10.59% | 21.61%-11.0pp | 22.75%-12.2pp | 116.90%-106.3pp |
| Employer contribution / active EE | $898 | $2,420-62.9% | $4,137-78.3% | $2,428-63.0% |
| Participant deferral / active EE | $1,453 | $4,169-65.1% | $5,506-73.6% | $4,046-64.1% |
| Admin fee / account holder | $140 | $585-76.0% | $10,281-98.6% | $626-77.6% |