Filed September 19, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $39,141 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $166,372 | $129,095+28.9% | $184,185-9.7% | $77,692+114.1% |
| Participation rate | 99.4% | 87.3%+12.1pp | 86.8%+12.6pp | 70.6%+28.8pp |
| Annual return | 16.52% | 33.29%-16.8pp | 28.81%-12.3pp | 31.25%-14.7pp |
| Employer contribution / active EE | $11,437 | $4,410+159.3% | $6,426+78.0% | $2,726+319.5% |
| Participant deferral / active EE | $9,808 | $7,300+34.4% | $9,132+7.4% | $4,648+111.0% |
| Admin fee / account holder | $93 | $256-63.6% | $13,909-99.3% | $431-78.4% |