Filed January 27, 2021
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| Provider | Service type | Compensation |
|---|---|---|
JONES GREGG FINANCIAL1 year Filed as: JONES GREGG FINANCIAL LLC Service code 27 6733 FAIRVIEW RD · CHARLOTTE, NC 282103652 | Advisory (Plan) | $17,054 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $8,780 |
Filed as: BLUE SKY 401(K) SPECIALISTS INC Service code 13 1207 CREWS RD STE A · MATTHEWS, NC 28105 | Contract Administrator | $5,455 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,798 | $59,101-36.0% | $77,163-51.0% | $75,163-49.7% |
| Participation rate | 100.0% | 63.9%+36.1pp | 69.6%+30.4pp | 67.2%+32.8pp |
| Annual return | 18.71% | 26.71%-8.0pp | 37.87%-19.2pp | 160.62%-141.9pp |
| Employer contribution / active EE | $3,216 | $1,995+61.2% | $2,535+26.9% | $2,670+20.5% |
| Participant deferral / active EE | $2,423 | $2,999-19.2% | $3,833-36.8% | $4,125-41.3% |
| Admin fee / account holder | $271 | $4,774-94.3% | $5,472-95.0% | $5,651-95.2% |