Filed August 8, 2019 (most recent of 10 filings on file)
Total covered: 65 employees
| Provider | Service type | Compensation |
|---|---|---|
BANNER HEALTH1+ years Service code 14 · EIN 45-0233470 | Plan Administrator | $901,517 |
STRATEGIC ADVISORS, INC.1+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $570,328 |
Filed as: FIDELITY INV. INST. OPS.CO,INC. Service code 37 · EIN 04-2647786 | Loan Processing | $378,635 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $52,922 | $46,516+13.8% | $147,618-64.1% | $69,651-24.0% |
| Participation rate | 59.2% | 65.8%-6.6pp | 84.6%-25.4pp | 66.6%-7.3pp |
| Annual return | 1.32% | 9.48%-8.2pp | 61.98%-60.7pp | 53.77%-52.4pp |
| Employer contribution / active EE | $1,250 | $1,393-10.3% | $5,564-77.5% | $2,241-44.2% |
| Participant deferral / active EE | $2,817 | $2,719+3.6% | $4,895-42.5% | $3,635-22.5% |
| Admin fee / account holder | $21 | $45-52.3% | $11,612-99.8% | $63-66.2% |