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| Provider | Service type | Compensation |
|---|---|---|
HIGHTOWER ADVISORS LLC2 years Filed as: HIGHTOWER ADVISORS, LLC Service code 27 · EIN 36-4500709 | Advisory (Plan) | $11,904 |
Service code 13 · EIN 36-4500709 | Contract Administrator | $11,490 |
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).
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 | $18,666 | $30,555-38.9% | $80,784-76.9% | $86,821-78.5% |
| Participation rate | 28.8% | 37.2%-8.5pp | 54.2%-25.4pp | 72.3%-43.5pp |
| Annual return | 13.30% | 30.35%-17.0pp | 87.31%-74.0pp | 97.94%-84.6pp |
| Employer contribution / active EE | $493 | $472+4.3% | $1,160-57.5% | $2,406-79.5% |
| Participant deferral / active EE | $810 | $1,050-22.8% | $2,145-62.2% | $4,132-80.4% |
| Admin fee / account holder | $153 | $135+12.9% | $3,380-95.5% | $170-9.8% |