Filed November 18, 2024 (most recent of 5 filings on file)
Total covered: 4 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 49 · EIN 71-0294708 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,602 | $47,126-13.8% | $149,673-72.9% | $74,419-45.4% |
| Participation rate | 52.9% | 63.4%-10.5pp | 78.8%-25.9pp | 70.7%-17.8pp |
| Annual return | 18.84% | 22.75%-3.9pp | 134.42%-115.6pp | 34.38%-15.5pp |
| Employer contribution / active EE | $1,699 | $1,905-10.8% | $4,818-64.7% | $2,637-35.6% |
| Participant deferral / active EE | $2,682 | $2,728-1.7% | $5,680-52.8% | $4,528-40.8% |
| Admin fee / account holder | $29 | $343-91.5% | $13,210-99.8% | $348-91.6% |