Filed January 13, 2016
| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIDELITY INV INSTL OPS CO Service code 37 · EIN 04-2647786 | Loan Processing | $1,500,399 |
ERNST & YOUNG LLP9 years Filed as: ERNST & YOUNG Service code 10 · EIN 34-6565596 | Accounting | $108,617 |
ENTERPRISE BANK & TRUST9 years Filed as: HEWLETT PACKARD ENTERPRISE Service code 14 · EIN 47-3298624 | Plan Administrator | $49,144 |
FID INV INST OPS CO9 years Filed as: FID INV INSTL OPS CO Service code 60 | Sub-TA Fees | $0 |
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 | $312,331 | $167,668+86.3% | $100,415+211.0% | $106,553+193.1% |
| Participation rate | 97.6% | 87.6%+10.0pp | 81.5%+16.1pp | 69.8%+27.8pp |
| Annual return | 15.08% | 18.33%-3.2pp | 49.47%-34.4pp | 17.37%-2.3pp |
| Employer contribution / active EE | $6,333 | $4,908+29.0% | $3,943+60.6% | $3,359+88.6% |
| Participant deferral / active EE | $17,392 | $11,427+52.2% | $8,091+114.9% | $5,562+212.7% |
| Admin fee / account holder | $59 | $94-37.1% | $7,906-99.3% | $80-26.0% |