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| Provider | Service type | Compensation |
|---|---|---|
Filed as: CAMBRIDGE INVESTMENT RESEARCH INC. Service code 99 · EIN 42-1445429 | Other Fees | $7,925 |
MORNINGSTAR1 year Service code 27 · EIN 36-3297908 | Advisory (Plan) | $388 |
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $69 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,894 | $100,801-70.3% | $149,696-80.0% | $73,409-59.3% |
| Participation rate | 58.6% | 77.7%-19.1pp | 82.5%-23.9pp | 72.2%-13.6pp |
| Annual return | 42.37% | 265.34%-223.0pp | 276.60%-234.2pp | 59.29%-16.9pp |
| Employer contribution / active EE | $1,715 | $3,312-48.2% | $4,644-63.1% | $2,234-23.2% |
| Participant deferral / active EE | $3,438 | $6,404-46.3% | $6,842-49.7% | $3,805-9.6% |
| Admin fee / account holder | $12 | $181-93.6% | $9,309-99.9% | $158-92.6% |