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 | $2,926,528 |
FID INV INST OPS CO4 years Service code 60 | Sub-TA Fees | $0 |
Filed as: VALIC Service code 19 · EIN 74-1625348 | 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 | $146,477 | $114,884+27.5% | $60,919+140.4% | $89,433+63.8% |
| Participation rate | 68.7% | 70.1%-1.3pp | 73.1%-4.4pp | 71.3%-2.5pp |
| Annual return | -15.05% | -13.42%-1.6pp | 16.98%-32.0pp | -11.88%-3.2pp |
| Employer contribution / active EE | $4,636 | $5,609-17.4% | $2,704+71.5% | $3,021+53.5% |
| Participant deferral / active EE | $4,539 | $4,846-6.3% | $3,814+19.0% | $5,125-11.4% |
| Admin fee / account holder | $60 | $37+61.0% | $3,226-98.1% | $79-24.4% |