Filed June 13, 2019
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| Provider | Service type | Compensation |
|---|---|---|
MCGRIFF INSURANCE SERVICES6 years Service code 27 · EIN 56-1623293 | Advisory (Plan) | $275,000 |
STRATEGIC ADVISORS, INC.6 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $107,952 |
WRIGHT FORD YOUNG & CO6 years Filed as: WRIGHT FORD YOUNG & CO. Service code 10 · EIN 95-3288054 | Accounting | $35,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$776,276 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $106,327 | $122,128-12.9% | $147,117-27.7% | $200,096-46.9% |
| Participation rate | 80.2% | 78.2%+2.1pp | 82.2%-1.9pp | 72.0%+8.2pp |
| Annual return | 18.20% | 30.58%-12.4pp | 420.54%-402.3pp | 34.26%-16.1pp |
| Employer contribution / active EE | $548 | $4,093-86.6% | $4,932-88.9% | $3,038-82.0% |
| Participant deferral / active EE | $7,807 | $8,484-8.0% | $8,065-3.2% | $5,090+53.4% |
| Admin fee / account holder | -$47 | $180-126.3% | $12,993-100.4% | $269-117.5% |