Filed August 6, 2019
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $59,786 |
Filed as: GLOBAL RETIREMENT Service code 28 · EIN 47-1411118 | Investment Management | $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).
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 | $90,406 | $63,114+43.2% | $92,909-2.7% | $65,185+38.7% |
| Participation rate | 60.1% | 68.8%-8.7pp | 76.0%-15.9pp | 70.2%-10.1pp |
| Annual return | 21.07% | 28.75%-7.7pp | 109.44%-88.4pp | 29.38%-8.3pp |
| Employer contribution / active EE | $1,209 | $2,571-53.0% | $3,653-66.9% | $2,177-44.5% |
| Participant deferral / active EE | $1,896 | $3,108-39.0% | $4,238-55.3% | $3,514-46.0% |
| Admin fee / account holder | $9 | $624-98.6% | $5,795-99.8% | $847-98.9% |