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| Provider | Service type | Compensation |
|---|---|---|
BB&T2 years Service code 16 · EIN 56-1368984 | Consulting | $58,483 |
BB&T IIA2 years Service code 51 · EIN 57-0956597 | Investment Mgmt Fees | $16,799 |
STRATEGIC ADVISORS, INC.3+ years Filed as: STRATEGIC RETIREMENT PARTNERS Service code 21 111 BULIFANTS BLVD STE D · WILLIAMSBURG, VA 23188 | Bank Trustee | $15,000 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $25,223 | $65,592-61.5% | $90,161-72.0% | $69,631-63.8% |
| Participation rate | 99.1% | 77.6%+21.5pp | 76.9%+22.2pp | 70.7%+28.4pp |
| Annual return | 17.14% | 57.10%-40.0pp | 34.89%-17.7pp | 27571.02%-27553.9pp |
| Employer contribution / active EE | $3,442 | $2,193+57.0% | $3,318+3.7% | $2,032+69.4% |
| Participant deferral / active EE | $1,510 | $5,257-71.3% | $5,287-71.4% | $3,224-53.2% |
| Admin fee / account holder | $124 | $86+44.4% | $5,943-97.9% | $110+12.0% |