Filed February 8, 2021 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
MILLIMAN, INC.2+ years Service code 15 · EIN 91-0675641 | Recordkeeping | $50,619 |
AGRI-INVEST, LLC2+ years Filed as: AGRI-INVEST. LLC Service code 28 · EIN 16-1558455 | Investment Management | $8,601 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | GALLIARD CAP MGT INC | INVESTMENT MANAGER POTENTIAL VIOLATION INVOLVING AN EXTENSION OF CREDIT AS A RESULT OF BOND PURCHASE | — | $130K |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,209 | $46,761-3.3% | $106,619-57.6% | $57,661-21.6% |
| Participation rate | 69.4% | 56.9%+12.6pp | 78.0%-8.6pp | 70.2%-0.8pp |
| Annual return | 7.78% | 15.77%-8.0pp | 9.42%-1.6pp | 5.13%+2.6pp |
| Employer contribution / active EE | $1,289 | $1,274+1.2% | $3,947-67.4% | $1,974-34.7% |
| Participant deferral / active EE | $2,476 | $1,954+26.7% | $3,930-37.0% | $3,061-19.1% |
| Admin fee / account holder | $109 | $97+12.2% | $6,418-98.3% | $95+14.8% |