| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $767,947 |
STRATEGIC ADVISORS, INC.10+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $520,784 |
CREATIVE PLANNING LLC3 years Filed as: CREATIVE PLANNING, LLC Service code 16 · EIN 84-4519624 | Consulting | $90,000 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | ROCK HOLDINGS INC. | PLAN SPONSOR INADVERTENT LOAN TO PLAN SPONSOR | — | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported that benefits due were not provided when due.
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 | $103,623 | $152,104-31.9% | $184,256-43.8% | $106,553-2.8% |
| Participation rate | 92.0% | 85.9%+6.2pp | 86.8%+5.2pp | 69.8%+22.2pp |
| Annual return | 16.01% | 20.70%-4.7pp | 28.85%-12.8pp | 17.37%-1.4pp |
| Employer contribution / active EE | $1,654 | $5,326-69.0% | $6,427-74.3% | $3,359-50.8% |
| Participant deferral / active EE | $9,001 | $8,559+5.2% | $9,133-1.4% | $5,562+61.8% |
| Admin fee / account holder | $63 | $103-38.7% | $13,899-99.5% | $80-21.0% |