Filed August 31, 2022 (most recent of 3 filings on file)
Total covered: 1,021 employees
| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.5+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $136,998 |
TIAA5+ years Service code 28 · EIN 13-1624203 | Investment Management | $4,275 |
Filed as: FIDELITY INV. INST. OPERATIONS CO. Service code 37 · EIN 04-2647786 | Loan Processing | -$1,643,806 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $194,087 | $129,352+50.0% | $70,492+175.3% | $106,273+82.6% |
| Participation rate | 61.1% | 73.1%-12.0pp | 75.1%-14.0pp | 70.8%-9.7pp |
| Annual return | 6.20% | 13.88%-7.7pp | 109.16%-103.0pp | 21.70%-15.5pp |
| Employer contribution / active EE | $6,175 | $5,470+12.9% | $2,738+125.5% | $2,722+126.8% |
| Participant deferral / active EE | $5,054 | $4,597+9.9% | $3,711+36.2% | $4,601+9.8% |
| Admin fee / account holder | $4 | $37-88.2% | $3,848-99.9% | $78-94.5% |