Filed June 4, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $87,367 |
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 | $63,345 | $78,275-19.1% | $109,163-42.0% | $86,813-27.0% |
| Participation rate | 83.3% | 73.8%+9.5pp | 75.9%+7.4pp | 72.3%+11.0pp |
| Annual return | 16.14% | 19.14%-3.0pp | 25.75%-9.6pp | 97.93%-81.8pp |
| Employer contribution / active EE | $2,692 | $3,105-13.3% | $3,723-27.7% | $2,406+11.9% |
| Participant deferral / active EE | $5,472 | $3,641+50.3% | $4,654+17.6% | $4,131+32.4% |
| Admin fee / account holder | $85 | $198-57.0% | $6,754-98.7% | $170-49.6% |