Filed January 4, 2018
| Provider | Service type | Compensation |
|---|---|---|
MERCER5+ years Service code 16 · EIN 61-0736136 | Consulting | $190,000 |
Filed as: EMPOWER / GREAT WEST Service code 15 · EIN 84-0467907 | Recordkeeping | $184,439 |
THE BANK OF NEW YORK MELLON4 years Filed as: BNY MELLON TRUST Service code 21 · EIN 04-1107280 | Bank Trustee | $179,900 |
INVESCO2 years Filed as: INVESCO (PRIMCO CAPITAL MANAGEMENT) Service code 27 · EIN 61-1190024 | Advisory (Plan) | $150,850 |
EXECUTIVE DIRECTOR5+ years Service code 30 · EIN 52-1529689 | Employee (plan); Direct payment from ... | $133,188 |
THE LONDON COMPANY2 years Filed as: LONDON CO Service code 27 · EIN 90-0824693 | Advisory (Plan) | $91,726 |
EXECUTIVE DIRECTOR5+ years Filed as: ASSISTANT EXECUTIVE DIRECTOR Service code 30 · EIN 52-1529689 | Direct payment from the plan; Employe... | $90,545 |
Filed as: FIDELITY E401K Service code 15 · EIN 23-2640992 | Recordkeeping | $37,749 |
ROBERT HALF3 years Filed as: OFFICE COORDINATOR Service code 30 · EIN 52-1529689 | Employee (plan); Direct payment from ... | $35,640 |
UHY LLP5+ years Service code 10 · EIN 20-0694403 | Accounting | $32,244 |
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 | $259,061 | $88,515+192.7% | $162,185+59.7% | $67,584+283.3% |
| Participation rate | 67.7% | 86.8%-19.1pp | 87.6%-19.9pp | 71.3%-3.6pp |
| Annual return | 15.94% | 27.04%-11.1pp | 115.61%-99.7pp | 378.59%-362.7pp |
| Employer contribution / active EE | $4,579 | $3,563+28.5% | $5,613-18.4% | $2,148+113.2% |
| Participant deferral / active EE | $4,998 | $5,724-12.7% | $7,297-31.5% | $3,540+41.2% |
| Admin fee / account holder | $493 | $124+299.0% | $10,844-95.4% | $142+246.7% |