Filed July 5, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $83,921 |
Service code 27 · EIN 80-0833114 | Advisory (Plan) | $56,239 |
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 | $58,384 | $95,417-38.8% | $135,974-57.1% | $74,460-21.6% |
| Participation rate | 97.2% | 78.2%+19.0pp | 81.9%+15.3pp | 70.7%+26.4pp |
| Annual return | 30.00% | 32.76%-2.8pp | 68.30%-38.3pp | 34.38%-4.4pp |
| Employer contribution / active EE | $4,910 | $3,878+26.6% | $4,859+1.0% | $2,638+86.1% |
| Participant deferral / active EE | $14,102 | $7,789+81.0% | $7,760+81.7% | $4,530+211.3% |
| Admin fee / account holder | $113 | $266-57.5% | $10,767-98.9% | $348-67.5% |