Filed February 19, 2020 (most recent of 4 filings on file)
Total covered: 2,000 employees
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| Provider | Service type | Compensation |
|---|---|---|
CDM RETIREMENT CONSULTANTS, INC.2+ years Service code 37 · EIN 52-2136664 300 EAST JOPPA ROAD, STE 601 · TOWSON, MD 21286 | Loan Processing | $8,995 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $22,599 | $36,916-38.8% | $156,551-85.6% | $57,658-60.8% |
| Participation rate | 65.0% | 63.4%+1.5pp | 84.0%-19.0pp | 70.2%-5.3pp |
| Annual return | 7.31% | 12.38%-5.1pp | 32.23%-24.9pp | 5.13%+2.2pp |
| Employer contribution / active EE | $470 | $1,571-70.1% | $5,501-91.5% | $1,974-76.2% |
| Participant deferral / active EE | $1,025 | $1,926-46.8% | $4,871-79.0% | $3,061-66.5% |
| Admin fee / account holder | $18 | $82-78.5% | $13,028-99.9% | $95-81.3% |