Filed October 26, 2020 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.8+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $25,685 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | -$39,159 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported that benefits due were not provided when due.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,590 | $52,346-58.8% | $143,757-85.0% | $78,044-72.3% |
| Participation rate | 65.5% | 72.7%-7.2pp | 80.3%-14.8pp | 74.4%-8.9pp |
| Annual return | -16.94% | -14.19%-2.7pp | -0.04%-16.9pp | 10.87%-27.8pp |
| Employer contribution / active EE | $1,056 | $2,131-50.5% | $4,951-78.7% | $3,125-66.2% |
| Participant deferral / active EE | $0 | $3,800-100.0% | $5,637-100.0% | $5,084-100.0% |
| Admin fee / account holder | -$3 | $63-104.8% | $14,673-100.0% | $79-103.9% |