Filed August 8, 2019 (most recent of 10 filings on file)
Total covered: 65 employees
| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.4+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $1,299,046 |
BANNER HEALTH4+ years Service code 14 · EIN 45-0233470 | Plan Administrator | $94,314 |
Filed as: FIDELITY INV. INST. OPS.CO,INC. Service code 37 · EIN 04-2647786 | Loan Processing | $55,598 |
FID INV INST OPS CO3 years Service code 60 | Sub-TA Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $58,300 | $46,969+24.1% | $154,110-62.2% | $73,367-20.5% |
| Participation rate | 65.1% | 72.4%-7.3pp | 83.0%-18.0pp | 69.5%-4.4pp |
| Annual return | -5.95% | 821.68%-827.6pp | 735.22%-741.2pp | 173.45%-179.4pp |
| Employer contribution / active EE | $1,545 | $1,723-10.3% | $5,298-70.8% | $2,499-38.2% |
| Participant deferral / active EE | $3,613 | $3,162+14.3% | $5,081-28.9% | $4,033-10.4% |
| Admin fee / account holder | $34 | $47-27.8% | $13,412-99.7% | $68-50.8% |