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 | $3,237,666 |
CAPFINANCIAL PARTNERS LLC6+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 28 · EIN 26-0058143 | Investment Management | $170,093 |
KPMG LLP6+ years Service code 10 · EIN 13-5556520 | Accounting | $31,000 |
Filed as: VALIC Service code 19 · EIN 74-1625348 | Securities Custodian | $12,381 |
TIAA4 years Service code 16 · EIN 13-1624203 | Consulting | $6,400 |
FID INV INST OPS CO2 years 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.
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 | $163,542 | $129,352+26.4% | $70,492+132.0% | $106,273+53.9% |
| Participation rate | 66.7% | 73.1%-6.3pp | 75.1%-8.3pp | 70.8%-4.1pp |
| Annual return | 14.91% | 13.88%+1.0pp | 109.16%-94.3pp | 21.70%-6.8pp |
| Employer contribution / active EE | $2,139 | $5,470-60.9% | $2,738-21.9% | $2,722-21.4% |
| Participant deferral / active EE | $3,987 | $4,597-13.3% | $3,711+7.4% | $4,601-13.3% |
| Admin fee / account holder | $74 | $37+100.7% | $3,848-98.1% | $78-6.0% |