Filed October 1, 2021
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| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $44,112 |
Service code 37 · EIN 04-2647786 | Loan Processing | $26,629 |
PENSION ASSURANCE LLP3 years Service code 10 · EIN 30-0840934 | Accounting | $16,000 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $71,842 | $122,128-41.2% | $147,080-51.2% | $199,960-64.1% |
| Participation rate | 98.4% | 78.2%+20.3pp | 82.2%+16.2pp | 72.0%+26.4pp |
| Annual return | 28.59% | 30.58%-2.0pp | 420.17%-391.6pp | 34.28%-5.7pp |
| Employer contribution / active EE | $5,102 | $4,093+24.7% | $4,933+3.4% | $3,036+68.1% |
| Participant deferral / active EE | $14,238 | $8,484+67.8% | $8,066+76.5% | $5,087+179.9% |
| Admin fee / account holder | $26 | $180-85.6% | $12,989-99.8% | $269-90.4% |