Filed December 6, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $1,314 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,172 | $91,474-55.0% | $135,982-69.7% | $71,529-42.4% |
| Participation rate | 82.1% | 75.7%+6.5pp | 81.9%+0.2pp | 67.9%+14.2pp |
| Annual return | 34.32% | 29.89%+4.4pp | 68.32%-34.0pp | 28.97%+5.3pp |
| Employer contribution / active EE | $0 | $3,705-100.0% | $4,859-100.0% | $2,590-100.0% |
| Participant deferral / active EE | $6,150 | $7,095-13.3% | $7,760-20.7% | $4,291+43.3% |
| Admin fee / account holder | $7 | $1,267-99.4% | $10,767-99.9% | $1,588-99.5% |