Filed June 26, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: GLOBAL RETIREMENT PARTNERS Service code 27 4340 REDWOOD HWY, SUITE B60 · SAN RAFAEL, CA 94903 | Advisory (Plan) | $22,260 |
THE FINWAY GROUP2 years Filed as: THE FINWAY GROUP LLC Service code 13 5625 MILLS CIVIC PKWY, SUITE 101 · WEST DES MOINES, IA 50266 | Contract Administrator | $21,289 |
Filed as: EMPOWER ANNUITY INSURANCE CO. OF AM Service code 64 8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $14,857 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $35,231 | $72,639-51.5% | $90,766-61.2% | $66,949-47.4% |
| Participation rate | 96.9% | 73.7%+23.2pp | 75.7%+21.2pp | 69.8%+27.0pp |
| Annual return | -19.69% | -12.28%-7.4pp | -12.16%-7.5pp | 1.57%-21.3pp |
| Employer contribution / active EE | $2,293 | $2,369-3.2% | $2,922-21.5% | $2,545-9.9% |
| Participant deferral / active EE | $3,813 | $3,979-4.1% | $4,565-16.5% | $4,239-10.0% |
| Admin fee / account holder | $395 | $708-44.2% | $8,446-95.3% | $594-33.4% |