Filed January 27, 2021
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| Provider | Service type | Compensation |
|---|---|---|
JONES GREGG FINANCIAL3 years Filed as: JONES GREGG FINANCIAL LLC Service code 27 6733 FAIRVIEW RD · CHARLOTTE, NC 282103652 | Advisory (Plan) | $25,249 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $13,477 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,725 | $63,904-47.2% | $89,340-62.3% | $67,986-50.4% |
| Participation rate | 80.0% | 54.3%+25.7pp | 69.6%+10.4pp | 57.2%+22.8pp |
| Annual return | 14.42% | 18.09%-3.7pp | 20.57%-6.2pp | 31.67%-17.2pp |
| Employer contribution / active EE | $1,152 | $1,627-29.2% | $2,231-48.4% | $2,019-42.9% |
| Participant deferral / active EE | $1,386 | $2,691-48.5% | $3,823-63.8% | $3,358-58.7% |
| Admin fee / account holder | $285 | $3,315-91.4% | $6,704-95.8% | $3,203-91.1% |