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 | $2,292,733 |
CAPFINANCIAL PARTNERS LLC5+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 28 · EIN 26-0058143 | Investment Management | $163,909 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN, LEWIS & BOCKIUS LLP Service code 29 · EIN 23-0891050 | Legal | $81,105 |
KPMG LLP5+ years Service code 10 · EIN 13-5556520 | Accounting | $30,000 |
VRSCO1 year Service code 19 · EIN 51-0396365 | Securities Custodian | $20,758 |
Filed as: VALIC Service code 19 · EIN 74-1625348 | Securities Custodian | $18,348 |
CLASSIC GRAPHICS2 years Filed as: CLASSIC GRAPHICS, INC Service code 50 · EIN 56-1418668 | Direct Payment | $6,912 |
FID INV INST OPS CO1 year Service code 60 | Sub-TA Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $137,791 | $121,004+13.9% | $69,480+98.3% | $89,609+53.8% |
| Participation rate | 65.0% | 66.9%-2.0pp | 74.6%-9.6pp | 69.6%-4.6pp |
| Annual return | 20.92% | 20.21%+0.7pp | 28.99%-8.1pp | 33.65%-12.7pp |
| Employer contribution / active EE | $3,851 | $5,335-27.8% | $2,780+38.5% | $2,584+49.0% |
| Participant deferral / active EE | $3,539 | $4,335-18.4% | $3,537+0.1% | $4,222-16.2% |
| Admin fee / account holder | $52 | $32+62.4% | $3,840-98.7% | $72-27.8% |