Filed April 26, 2021 (most recent of 4 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
FORVIS, LLP1 year Filed as: FORVIS WEALTH ADVISORS, LLC Service code 26 · EIN 43-1815436 | Advisory (Participants) | $35,533 |
Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $15,921 |
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $5,250 |
Filed as: FIDELITY INVESTMENTS INSITUTIONAL Service code 60 · EIN 04-2647786 | Sub-TA Fees | $360 |
Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Service code 60 | Sub-TA Fees | $0 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $160,203 | $122,219+31.1% | $147,096+8.9% | $199,921-19.9% |
| Participation rate | 96.0% | 78.3%+17.7pp | 82.2%+13.8pp | 72.0%+24.0pp |
| Annual return | -23.17% | 30.59%-53.8pp | 419.75%-442.9pp | 34.28%-57.5pp |
| Employer contribution / active EE | $8,852 | $4,096+116.1% | $4,936+79.3% | $3,035+191.6% |
| Participant deferral / active EE | $11,276 | $8,503+32.6% | $8,071+39.7% | $5,089+121.6% |
| Admin fee / account holder | $8 | $179-95.3% | $13,005-99.9% | $269-96.9% |