| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $700,535 |
Service code 37 · EIN 04-2647786 | Loan Processing | $546,603 |
Filed as: QDRO CONSULTANTS CO LLC Service code 16 · EIN 34-1820650 | Consulting | $5,100 |
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 2022 PLAN YEAR WAS 216908 DOLLARS VFCP FILED | — | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $235,004 | $78,104+200.9% | $93,765+150.6% | $78,104+200.9% |
| Participation rate | 97.8% | 74.5%+23.3pp | 81.0%+16.8pp | 74.5%+23.3pp |
| Annual return | -14.83% | 10.90%-25.7pp | -11.32%-3.5pp | 10.90%-25.7pp |
| Employer contribution / active EE | $4,532 | $3,128+44.9% | $4,327+4.7% | $3,128+44.9% |
| Participant deferral / active EE | $12,380 | $5,089+143.3% | $6,099+103.0% | $5,089+143.3% |
| Admin fee / account holder | $318 | $79+303.0% | $7,184-95.6% | $79+303.0% |