Filed June 26, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GLOBAL RETIREMENT PARTNERS Service code 27 4340 REDWOOD HWY, SUITE B60 · SAN RAFAEL, CA 94903 | Advisory (Plan) | $21,877 |
THE FINWAY GROUP2 years Filed as: THE FINWAY GROUP LLV Service code 13 5625 MILLS CIVIC PKWY, SUITE 101 · WEST DES MOINES, IA 50266 | Contract Administrator | $18,282 |
Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $10,831 |
Filed as: KESTRA ADVISORY SERVICES LLC Service code 27 5707 SW PARKWAY, BLDG 2, SUITE 400 · AUSTIN, TX 78735 | Advisory (Plan) | -$9,535 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $32,540 | $70,917-54.1% | $98,920-67.1% | $73,497-55.7% |
| Participation rate | 96.4% | 73.8%+22.5pp | 76.0%+20.3pp | 70.7%+25.7pp |
| Annual return | 17.95% | 34.18%-16.2pp | 196.47%-178.5pp | 28.51%-10.6pp |
| Employer contribution / active EE | $1,854 | $2,037-9.0% | $2,689-31.1% | $2,270-18.3% |
| Participant deferral / active EE | $2,914 | $3,501-16.8% | $4,245-31.4% | $3,740-22.1% |
| Admin fee / account holder | $259 | $535-51.6% | $6,643-96.1% | $513-49.5% |