Filed January 4, 2018
| Provider | Service type | Compensation |
|---|---|---|
MERCER3+ years Service code 16 · EIN 61-0736136 | Consulting | $212,500 |
THE BANK OF NEW YORK MELLON2 years Filed as: BNY MELLON TRUST Service code 21 · EIN 04-1107280 | Bank Trustee | $179,141 |
Filed as: EMPOWER GREAT-WEST LIFE & ANN.INS. Service code 15 · EIN 84-0467907 | Recordkeeping | $171,019 |
INVESCO1 year Filed as: INVESCO ADVISORS, INC. Service code 28 · EIN 58-1707262 | Investment Management | $159,467 |
EXECUTIVE DIRECTOR3+ years Service code 30 · EIN 52-1529689 | Employee (plan); Direct payment from ... | $139,462 |
EXECUTIVE DIRECTOR3+ years Filed as: ASSISTANT EXECUTIVE DIRECTOR Service code 30 · EIN 52-1529689 | Direct payment from the plan; Employe... | $88,222 |
Filed as: FIDELITY E401K Service code 15 · EIN 23-2640992 | Recordkeeping | $44,876 |
ROBERT HALF1 year Filed as: OFFICE COORDINATOR Service code 30 · EIN 52-1529689 | Employee (plan); Direct payment from ... | $39,077 |
ADMINISTRATION SERVICES INC.3+ years Filed as: ADMINISTRATION-CLERICAL Service code 30 · EIN 52-1529689 | Direct payment from the plan; Employe... | $32,412 |
UHY LLP3+ years Service code 10 · EIN 20-0694403 | Accounting | $31,210 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Assets per participant exceed $250,000 - top-decile high-value plan.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $271,194 | $81,537+232.6% | $149,721+81.1% | $69,634+289.5% |
| Participation rate | 0.0% | 86.1%-86.1pp | 87.1%-87.1pp | 70.7%-70.7pp |
| Annual return | 11.83% | 22.79%-11.0pp | 1501.67%-1489.8pp | 27572.26%-27560.4pp |
| Employer contribution / active EE | $4,821 | $3,239+48.8% | $5,444-11.4% | $2,032+137.2% |
| Participant deferral / active EE | $4,537 | $4,994-9.1% | $6,568-30.9% | $3,224+40.7% |
| Admin fee / account holder | $547 | $107+411.9% | $11,282-95.2% | $110+395.4% |