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 | $3,017,875 |
CAPFINANCIAL PARTNERS LLC7+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 28 · EIN 26-0058143 | Investment Management | $86,946 |
Filed as: VALIC Service code 19 · EIN 74-1625348 | Securities Custodian | $26,208 |
KPMG LLP7+ years Service code 10 · EIN 13-5556520 | Accounting | $14,600 |
FID INV INST OPS CO3 years Service code 60 | Sub-TA Fees | $0 |
VRSCO3 years Service code 19 · EIN 51-0396365 | Securities Custodian | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $178,799 | $141,493+26.4% | $75,728+136.1% | $106,520+67.9% |
| Participation rate | 68.7% | 65.2%+3.5pp | 74.8%-6.2pp | 71.3%-2.6pp |
| Annual return | 13.79% | 15.80%-2.0pp | 104.66%-90.9pp | 19.28%-5.5pp |
| Employer contribution / active EE | $4,326 | $4,166+3.8% | $2,743+57.7% | $2,840+52.3% |
| Participant deferral / active EE | $4,325 | $4,740-8.8% | $3,820+13.2% | $4,948-12.6% |
| Admin fee / account holder | $68 | $40+67.9% | $3,620-98.1% | $75-9.1% |