Filed August 31, 2022 (most recent of 3 filings on file)
Total covered: 1,021 employees
| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.4+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $112,225 |
TIAA4+ years Service code 28 · EIN 13-1624203 | Investment Management | $1,404 |
Filed as: FIDELITY INV. INST. OPERATIONS CO. Service code 37 · EIN 04-2647786 | Loan Processing | -$1,059,297 |
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 | $176,278 | $121,004+45.7% | $69,480+153.7% | $89,609+96.7% |
| Participation rate | 55.0% | 66.9%-11.9pp | 74.6%-19.6pp | 69.6%-14.6pp |
| Annual return | 6.50% | 20.21%-13.7pp | 28.99%-22.5pp | 33.65%-27.2pp |
| Employer contribution / active EE | $5,935 | $5,335+11.2% | $2,780+113.5% | $2,584+129.7% |
| Participant deferral / active EE | $4,474 | $4,335+3.2% | $3,537+26.5% | $4,222+6.0% |
| Admin fee / account holder | $3 | $32-89.3% | $3,840-99.9% | $72-95.2% |