Filed June 13, 2019
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| Provider | Service type | Compensation |
|---|---|---|
MCGRIFF INSURANCE SERVICES3 years Service code 27 · EIN 56-1623293 | Advisory (Plan) | $304,022 |
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $60,404 |
WRIGHT FORD YOUNG & CO3 years Filed as: WRIGHT FORD YOUNG & CO. Service code 10 · EIN 95-3288054 | Accounting | $34,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$262,009 |
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 | $99,655 | $120,450-17.3% | $159,495-37.5% | $93,010+7.1% |
| Participation rate | 97.0% | 78.0%+19.1pp | 82.8%+14.2pp | 73.9%+23.1pp |
| Annual return | 18.38% | 27.11%-8.7pp | 263.72%-245.3pp | 158.70%-140.3pp |
| Employer contribution / active EE | $1,127 | $3,526-68.0% | $4,831-76.7% | $2,705-58.3% |
| Participant deferral / active EE | $8,897 | $7,283+22.2% | $7,354+21.0% | $4,561+95.1% |
| Admin fee / account holder | $21 | $137-84.6% | $10,804-99.8% | $152-86.1% |