Filed December 5, 2013
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $61,703 |
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $28,789 |
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).
Form 5500 reported that benefits due were not provided when due.
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 | $176,231 | $105,173+67.6% | $87,102+102.3% | $77,775+126.6% |
| Participation rate | 59.8% | 85.8%-26.0pp | 76.9%-17.1pp | 73.2%-13.4pp |
| Annual return | 22.64% | 24.52%-1.9pp | 28.19%-5.6pp | 32.58%-9.9pp |
| Employer contribution / active EE | $4,796 | $2,890+65.9% | $2,521+90.2% | $2,504+91.6% |
| Participant deferral / active EE | $6,709 | $5,048+32.9% | $4,048+65.7% | $3,966+69.2% |
| Admin fee / account holder | $22 | $105-78.7% | $7,493-99.7% | $100-77.8% |