Filed August 31, 2022 (most recent of 3 filings on file)
Total covered: 1,021 employees
| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.1+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $59,637 |
TIAA1+ years Service code 28 · EIN 13-1624203 | Investment Management | $4,059 |
Filed as: FIDELITY INV. INST. OPERATIONS CO. Service code 37 · EIN 04-2647786 | Loan Processing | -$916,358 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $159,692 | $89,117+79.2% | $57,196+179.2% | $329,111-51.5% |
| Participation rate | 52.6% | 67.2%-14.7pp | 75.3%-22.8pp | 67.9%-15.3pp |
| Annual return | 0.78% | 7.87%-7.1pp | 14.59%-13.8pp | 16.35%-15.6pp |
| Employer contribution / active EE | $5,136 | $4,034+27.3% | $2,683+91.4% | $2,303+123.0% |
| Participant deferral / active EE | $3,761 | $3,328+13.0% | $3,096+21.5% | $3,682+2.2% |
| Admin fee / account holder | $2 | $21-88.9% | $3,141-99.9% | $754-99.7% |