Filed December 7, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $70,925 |
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 | $109,522 | $78,781+39.0% | $100,535+8.9% | $73,412+49.2% |
| Participation rate | 96.4% | 80.0%+16.4pp | 79.4%+17.0pp | 72.2%+24.2pp |
| Annual return | 17.32% | 31.69%-14.4pp | 30.90%-13.6pp | 59.30%-42.0pp |
| Employer contribution / active EE | $3,668 | $2,420+51.6% | $3,419+7.3% | $2,234+64.2% |
| Participant deferral / active EE | $11,597 | $6,537+77.4% | $6,271+84.9% | $3,806+204.7% |
| Admin fee / account holder | $55 | $145-62.2% | $8,085-99.3% | $158-65.2% |