Filed January 13, 2016
| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIDELITY INV INSTL OPS CO Service code 37 · EIN 04-2647786 | Loan Processing | $1,017,898 |
ERNST & YOUNG LLP8 years Filed as: ERNST & YOUNG Service code 10 · EIN 34-6565596 | Accounting | $100,500 |
ENTERPRISE BANK & TRUST8 years Filed as: HEWLETT PACKARD ENTERPRISE Service code 14 · EIN 47-3298624 | Plan Administrator | $20,825 |
FID INV INST OPS CO8 years Filed as: FID INV INSTL OPS CO Service code 60 | Sub-TA Fees | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $274,061 | $141,418+93.8% | $94,677+189.5% | $96,393+184.3% |
| Participation rate | 97.5% | 86.8%+10.7pp | 80.8%+16.7pp | 71.3%+26.2pp |
| Annual return | 16.65% | 21.96%-5.3pp | 156.95%-140.3pp | 22.88%-6.2pp |
| Employer contribution / active EE | $6,178 | $4,361+41.7% | $3,673+68.2% | $3,239+90.8% |
| Participant deferral / active EE | $16,590 | $10,695+55.1% | $7,418+123.7% | $5,455+204.1% |
| Admin fee / account holder | $38 | $82-53.9% | $7,222-99.5% | $74-48.6% |