Filed February 2, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: CONSOLIDATED INVESTMENT ADVISORS Service code 33 · EIN 56-1902157 | Securities brokerage | $41,556 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $158,401 | $77,816+103.6% | $123,552+28.2% | $64,173+146.8% |
| Participation rate | 100.0% | 74.7%+25.3pp | 82.3%+17.7pp | 69.6%+30.4pp |
| Annual return | -5.05% | 12.49%-17.5pp | 119.20%-124.3pp | 7.63%-12.7pp |
| Employer contribution / active EE | $8,566 | $3,014+184.2% | $4,628+85.1% | $2,381+259.8% |
| Participant deferral / active EE | $9,382 | $5,240+79.0% | $6,426+46.0% | $3,470+170.4% |
| Admin fee / account holder | $372 | $5,519-93.3% | $9,285-96.0% | $4,887-92.4% |