Filed March 27, 2024 (most recent of 2 filings on file)
Total covered: 2 employees
| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $685,063 |
CAPFINANCIAL PARTNERS LLC2+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 28 · EIN 26-0058143 | Investment Management | $112,500 |
Service code 19 · EIN 51-0396365 | Securities Custodian | $85,325 |
SYLVESTER HACKNEY2+ years Service code 35 705 BROAD STREET, BOX 90502 · DURHAM, NC 27708 | Employee (plan sponsor) | $62,364 |
HEATHER ROMERI2+ years Filed as: HEATHER HUGHES Service code 30 705 BROAD STREET, BOX 90502 · DURHAM, NC 27708 | Employee (plan) | $60,378 |
KATHERINE VELAZQUEZ2+ years Filed as: KATHERINE ORTIZ Service code 30 705 BROAD STREET, BOX 90502 · DURHAM, NC 27708 | Employee (plan) | $58,671 |
PERCY J. COMEAUX2+ years Filed as: PERCY HILL Service code 30 705 BROAD STREET, BOX 90502 · DURHAM, NC 27708 | Employee (plan) | $54,551 |
Filed as: VARIABLE ANNUITY LIFE INSURANCE CO. Service code 19 · EIN 74-1625348 | Securities Custodian | $37,555 |
DONNELLEY FINANCIAL LLC1 year Filed as: DONNELLEY FINANCIAL SOLUTIONS Service code 99 · EIN 13-2618477 | Other Fees | $32,120 |
US POSTAL SERVICE2+ years Filed as: UNITED STATES POSTAL SERVICE Service code 49 · EIN 41-0700000 | Other Services | $25,676 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $119,923 | $89,117+34.6% | $57,196+109.7% | $329,111-63.6% |
| Participation rate | 65.0% | 67.2%-2.3pp | 75.3%-10.4pp | 67.9%-2.9pp |
| Annual return | 7.76% | 7.87%-0.1pp | 14.59%-6.8pp | 16.35%-8.6pp |
| Employer contribution / active EE | $3,526 | $4,034-12.6% | $2,683+31.4% | $2,303+53.1% |
| Participant deferral / active EE | $3,197 | $3,328-3.9% | $3,096+3.3% | $3,682-13.2% |
| Admin fee / account holder | $28 | $21+30.3% | $3,141-99.1% | $754-96.3% |