Filed October 17, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $85,956 |
CAPFINANCIAL PARTNERS LLC4 years Filed as: CAPFINANCIAL PARTNERS, LLC. Service code 27 4208 6 FORKS RD. · RALEIGH, NC 27609 | Advisory (Plan) | $25,000 |
CLIFTONLARSONALLEN LLP4 years Filed as: CLIFTON LARSEN ALLEN LLP Service code 10 · EIN 41-0746749 | Accounting | $12,075 |
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 | $19,020 | $45,959-58.6% | $91,227-79.2% | $77,906-75.6% |
| Participation rate | 86.5% | 66.3%+20.2pp | 73.2%+13.3pp | 73.7%+12.8pp |
| Annual return | -13.49% | -5.32%-8.2pp | 114.14%-127.6pp | 12.16%-25.6pp |
| Employer contribution / active EE | $1,402 | $1,451-3.3% | $2,851-50.8% | $2,846-50.7% |
| Participant deferral / active EE | $3,584 | $3,283+9.2% | $4,234-15.4% | $4,805-25.4% |
| Admin fee / account holder | $118 | $99+19.7% | $5,423-97.8% | $133-10.9% |