Filed April 23, 2021 (most recent of 6 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRUDENTIAL RET. INS. & ANNUITY CO. Service code 15 · EIN 06-1050034 | Recordkeeping | $1,378,237 |
Filed as: PRUDENTIAL INV. MGMT. SERVICES LLC Service code 50 · EIN 13-4122960 | Direct Payment | $28,317 |
Service code 27 · EIN 01-0511877 | Advisory (Plan) | $7,487 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $86,414 | $83,057+4.0% | $143,801-39.9% | $89,433-3.4% |
| Participation rate | 64.0% | 74.0%-10.0pp | 80.3%-16.3pp | 71.3%-7.2pp |
| Annual return | -16.87% | -13.97%-2.9pp | -0.04%-16.8pp | -11.88%-5.0pp |
| Employer contribution / active EE | $1,675 | $2,095-20.0% | $4,952-66.2% | $3,021-44.5% |
| Participant deferral / active EE | $5,788 | $4,281+35.2% | $5,639+2.7% | $5,125+12.9% |
| Admin fee / account holder | $49 | $83-40.8% | $14,680-99.7% | $79-38.1% |