Filed August 31, 2022 (most recent of 3 filings on file)
Total covered: 1,021 employees
| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.6+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $1,455 |
Filed as: FIDELITY INVESTMENTS INST. OPS CO. Service code 37 · EIN 04-2647786 | Loan Processing | -$23,055 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,187 | $105,581-83.7% | $70,492-75.6% | $90,274-81.0% |
| Participation rate | 60.4% | 77.5%-17.1pp | 75.1%-14.7pp | 73.4%-13.0pp |
| Annual return | 18.72% | 14.78%+3.9pp | 109.16%-90.4pp | 53.97%-35.3pp |
| Employer contribution / active EE | $153 | $3,304-95.4% | $2,738-94.4% | $2,523-93.9% |
| Participant deferral / active EE | $1,700 | $3,813-55.4% | $3,711-54.2% | $4,231-59.8% |
| Admin fee / account holder | $0 | $68-100.0% | $3,848-100.0% | $114-100.0% |