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| Provider | Service type | Compensation |
|---|---|---|
HIGHTOWER ADVISORS LLC1 year Filed as: HIGHTOWER ADVISORS, LLC Service code 13 · EIN 36-4500709 | Contract Administrator | $8,247 |
Service code 27 · EIN 36-4500709 | Advisory (Plan) | $8,144 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,892 | $29,369-42.5% | $77,552-78.2% | $73,412-77.0% |
| Participation rate | 22.8% | 37.9%-15.1pp | 54.2%-31.4pp | 72.2%-49.4pp |
| Annual return | 15.95% | 358.15%-342.2pp | 54.82%-38.9pp | 59.30%-43.3pp |
| Employer contribution / active EE | $131 | $406-67.7% | $987-86.7% | $2,234-94.1% |
| Participant deferral / active EE | $466 | $941-50.5% | $1,861-75.0% | $3,806-87.8% |
| Admin fee / account holder | $132 | $123+7.7% | $2,859-95.4% | $158-16.3% |