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| Provider | Service type | Compensation |
|---|---|---|
HIGHTOWER ADVISORS LLC3 years Filed as: HIGHTOWER ADVISORS, LLC Service code 27 · EIN 36-4500709 | Advisory (Plan) | $13,279 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $12,755 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,903 | $30,107-40.5% | $61,501-70.9% | $64,824-72.4% |
| Participation rate | 34.7% | 36.4%-1.6pp | 52.6%-17.8pp | 71.5%-36.7pp |
| Annual return | -18.45% | -13.99%-4.5pp | 339.04%-357.5pp | 32.84%-51.3pp |
| Employer contribution / active EE | $635 | $537+18.3% | $1,160-45.3% | $2,507-74.7% |
| Participant deferral / active EE | $1,091 | $1,126-3.1% | $2,125-48.7% | $4,311-74.7% |
| Admin fee / account holder | $171 | $148+15.5% | $2,132-92.0% | $188-8.8% |