Filed August 8, 2019 (most recent of 10 filings on file)
Total covered: 65 employees
| Provider | Service type | Compensation |
|---|---|---|
BANNER HEALTH7+ years Service code 14 · EIN 45-0233470 | Plan Administrator | $72,054 |
Filed as: FIDELITY INVESTMENTS INST. OPS. CO. Service code 37 · EIN 04-2647786 | Loan Processing | $46,959 |
STRATEGIC ADVISORS, INC.6 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $33,013 |
FID INV INST OPS CO6 years Service code 60 | Sub-TA Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $41,084 | $68,062-39.6% | $185,854-77.9% | $106,520-61.4% |
| Participation rate | 33.1% | 75.2%-42.1pp | 81.7%-48.6pp | 71.3%-38.2pp |
| Annual return | 23.70% | 18.20%+5.5pp | 122.12%-98.4pp | 19.28%+4.4pp |
| Employer contribution / active EE | $0 | $1,997-100.0% | $5,169-100.0% | $2,840-100.0% |
| Participant deferral / active EE | $264 | $3,990-93.4% | $5,569-95.3% | $4,948-94.7% |
| Admin fee / account holder | $32 | $53-39.6% | $16,246-99.8% | $75-57.3% |