Filed March 15, 2022
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| Provider | Service type | Compensation |
|---|---|---|
UNION BANK & TRUST COMPANY3+ years Service code 12 · EIN 47-0321480 | Recordkeeping fees; Recordkeeping and... | $14,985 |
MATRIX CLEARANCE AND SETTLEMENT3+ years Filed as: MATRIX CLEARENCE AND SETTLEMENT Service code 33 · EIN 13-4046432 | Sub-transfer agency fees; Securities ... | $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 | $49,278 | $48,064+2.5% | $78,778-37.4% | $69,631-29.2% |
| Participation rate | 86.3% | 61.6%+24.7pp | 69.2%+17.1pp | 70.7%+15.6pp |
| Annual return | 17.86% | 21.81%-4.0pp | 35.62%-17.8pp | 27571.02%-27553.2pp |
| Employer contribution / active EE | $996 | $744+34.0% | $1,986-49.8% | $2,032-51.0% |
| Participant deferral / active EE | $2,849 | $2,079+37.0% | $2,958-3.7% | $3,224-11.6% |
| Admin fee / account holder | $46 | $152-69.9% | $5,134-99.1% | $110-58.5% |