Filed July 5, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $135,190 |
Service code 27 · EIN 80-0833114 | Advisory (Plan) | $70,598 |
CLIFTONLARSONALLEN LLP1 year Service code 10 · EIN 41-0746749 | Accounting | $20,475 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,626 | $122,128-34.8% | $147,117-45.9% | $200,096-60.2% |
| Participation rate | 98.4% | 78.2%+20.2pp | 82.2%+16.2pp | 72.0%+26.4pp |
| Annual return | 23.80% | 30.58%-6.8pp | 420.54%-396.7pp | 34.26%-10.5pp |
| Employer contribution / active EE | $4,852 | $4,093+18.5% | $4,932-1.6% | $3,038+59.7% |
| Participant deferral / active EE | $15,844 | $8,484+86.8% | $8,065+96.5% | $5,090+211.3% |
| Admin fee / account holder | $173 | $180-3.8% | $12,993-98.7% | $269-35.9% |