| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $828,433 |
STRATEGIC ADVISORS, INC.1 year Service code 26 · EIN 04-2654524 | Advisory (Participants) | $654,220 |
WILLIAM BLAIR1 year Filed as: WILLIAM BLAIR INV. MANAGEMENT, LLC Service code 51 · EIN 47-2614791 | Investment Mgmt Fees | $429,030 |
LYRICAL ASSET MANAGEMENT1 year Service code 51 · EIN 37-1572793 | Investment Mgmt Fees | $410,405 |
PGIM INVESTMENTS6+ years Filed as: JENNISON ASSOCIATES LLC Service code 51 · EIN 22-2540245 | Investment Mgmt Fees | $364,322 |
BOSTON PARTNERS3 years Filed as: BOSTON PARTNERS GLOBAL INVESTORS Service code 28 · EIN 98-0202744 | Investment Management | $357,608 |
COLUMBUS CIRCLE INVESTORS6+ years Service code 51 · EIN 06-1404803 | Investment Mgmt Fees | $291,455 |
WELLINGTON TRUST COMPANY1 year Filed as: WELLINGTON TRUST COMPANY, N.A. Service code 28 · EIN 04-2755549 | Investment Management | $93,571 |
NUVEEN6+ years Filed as: NUVEEN ASSET MANAGEMENT Service code 28 · EIN 27-4357327 | Investment Management | $36,685 |
BLACKROCK1 year Filed as: BLACKROCK INST. TRUST COMPANY, N.A. Service code 28 · EIN 94-3112180 | Investment Management | $19,300 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | FIDELITY INVESTMENTS INSTITUTIONAL | SERVICE PROVIDER EXCESS COMPENSATION PAID FOR RECORDKEEPING SERVICES FOR 2020 PLAN YEAR WAS 281,460 DOLLARS - VFCP FILED | — | — |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $269,056 | $93,223+188.6% | $112,977+138.2% | $93,223+188.6% |
| Participation rate | 96.2% | 74.9%+21.3pp | 82.6%+13.7pp | 74.9%+21.3pp |
| Annual return | 15.06% | 19.29%-4.2pp | 24.24%-9.2pp | 19.29%-4.2pp |
| Employer contribution / active EE | $3,955 | $2,680+47.6% | $4,255-7.1% | $2,680+47.6% |
| Participant deferral / active EE | $11,561 | $4,563+153.4% | $5,836+98.1% | $4,563+153.4% |
| Admin fee / account holder | $308 | $79+288.8% | $6,294-95.1% | $79+288.8% |