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| Provider | Service type | Compensation |
|---|---|---|
Filed as: SCHNEIDER DOWNS WEALTH MGT ADVISORS Service code 15 · EIN 25-1857157 ONE PPG PLACE, SUITE 1700 · PITTSBURGH, PA 152225416 | Recordkeeping | $10,107 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,676 | $50,919-77.1% | $155,556-92.5% | $77,762-85.0% |
| Participation rate | 23.4% | 63.1%-39.7pp | 78.2%-54.9pp | 70.6%-47.2pp |
| Annual return | 25.46% | 34.84%-9.4pp | 64.84%-39.4pp | 31.27%-5.8pp |
| Employer contribution / active EE | $562 | $1,991-71.8% | $4,675-88.0% | $2,728-79.4% |
| Participant deferral / active EE | $832 | $2,824-70.5% | $5,631-85.2% | $4,651-82.1% |
| Admin fee / account holder | $55 | $437-87.4% | $15,885-99.7% | $433-87.3% |