Filed October 17, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $129,918 |
CAPFINANCIAL PARTNERS LLC6 years Filed as: CAPFINANCIAL PARTNERS, LLC. Service code 27 4208 6 FORKS RD. · RALEIGH, NC 27609 | Advisory (Plan) | $18,750 |
CLIFTONLARSONALLEN LLP6 years Filed as: CLIFTON LARSEN ALLEN LLP Service code 10 · EIN 41-0746749 | Accounting | $16,275 |
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 | $28,549 | $58,336-51.1% | $97,295-70.7% | $200,096-85.7% |
| Participation rate | 90.9% | 63.8%+27.2pp | 72.7%+18.3pp | 72.0%+18.9pp |
| Annual return | 26.35% | 32.81%-6.5pp | 75.62%-49.3pp | 34.26%-7.9pp |
| Employer contribution / active EE | $1,775 | $1,416+25.3% | $2,723-34.8% | $3,038-41.6% |
| Participant deferral / active EE | $4,329 | $3,240+33.6% | $4,264+1.5% | $5,090-14.9% |
| Admin fee / account holder | $117 | $114+2.6% | $5,646-97.9% | $269-56.6% |