Filed November 6, 2024
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| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $95,797 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $85,000 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,984 | $122,219-35.4% | $147,096-46.3% | $199,921-60.5% |
| Participation rate | 78.6% | 78.3%+0.4pp | 82.2%-3.5pp | 72.0%+6.6pp |
| Annual return | 47.58% | 30.59%+17.0pp | 419.75%-372.2pp | 34.28%+13.3pp |
| Employer contribution / active EE | $2,721 | $4,096-33.6% | $4,936-44.9% | $3,035-10.3% |
| Participant deferral / active EE | $5,821 | $8,503-31.5% | $8,071-27.9% | $5,089+14.4% |
| Admin fee / account holder | $78 | $179-56.6% | $13,005-99.4% | $269-71.1% |