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| Provider | Service type | Compensation |
|---|---|---|
HIGHTOWER ADVISORS LLC4 years Filed as: HIGHTOWER ADVISORS, LLC Service code 27 · EIN 36-4500709 | Advisory (Plan) | $14,149 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $11,324 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $23,630 | $26,140-9.6% | $58,507-59.6% | $74,473-68.3% |
| Participation rate | 31.5% | 32.1%-0.7pp | 50.9%-19.4pp | 70.7%-39.3pp |
| Annual return | 15.28% | 32.51%-17.2pp | 4252.32%-4237.0pp | 34.36%-19.1pp |
| Employer contribution / active EE | $632 | $537+17.7% | $1,053-40.0% | $2,638-76.1% |
| Participant deferral / active EE | $1,088 | $1,075+1.2% | $1,922-43.4% | $4,530-76.0% |
| Admin fee / account holder | $193 | $652-70.4% | $2,486-92.2% | $347-44.4% |