Filed March 15, 2022
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| Provider | Service type | Compensation |
|---|---|---|
UNION BANK & TRUST COMPANY2+ years Service code 12 · EIN 47-0321480 | Recordkeeping fees; Participant loan ... | $16,347 |
MATRIX CLEARANCE AND SETTLEMENT2+ years Filed as: MATRIX CLEARENCE AND SETTLEMENT Service code 33 · EIN 13-4046432 | Securities brokerage; Sub-transfer ag... | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,687 | $37,044+23.3% | $71,796-36.4% | $57,658-20.8% |
| Participation rate | 81.3% | 61.1%+20.2pp | 69.1%+12.2pp | 70.2%+11.1pp |
| Annual return | 8.67% | 12.64%-4.0pp | 78.04%-69.4pp | 5.13%+3.5pp |
| Employer contribution / active EE | $894 | $720+24.1% | $1,924-53.6% | $1,974-54.7% |
| Participant deferral / active EE | $2,678 | $1,974+35.7% | $2,794-4.2% | $3,061-12.5% |
| Admin fee / account holder | $55 | $101-45.3% | $4,815-98.9% | $95-41.6% |