Filed September 22, 2017
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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.9+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $89,669 |
MERCER5 years Filed as: MERCER INVESTMENTS LLC Service code 27 21875 NETWORK PLACE · CHICAGO, IL 60673 | Advisory (Plan) | $23,374 |
ELLIOTT DAVIS, LLC6 years Filed as: ELLIOT GROUP CPAS LLC Service code 10 5960 FAIRVIEW RD · CHARLOTTE, NC 28210 | Accounting | $16,000 |
MERCER1 year Filed as: MERCER CO Service code 50 21875 NETWORK PLACE · CHICAGO, IL 60673 | Direct Payment | $8,968 |
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 | $86,611 | $107,741-19.6% | $96,576-10.3% | $79,634+8.8% |
| Participation rate | 98.7% | 79.1%+19.6pp | 81.4%+17.2pp | 62.5%+36.2pp |
| Annual return | 15.32% | 19.24%-3.9pp | 38.47%-23.2pp | 36.46%-21.1pp |
| Employer contribution / active EE | $2,461 | $2,991-17.7% | $3,553-30.7% | $2,529-2.7% |
| Participant deferral / active EE | $5,230 | $7,899-33.8% | $7,956-34.3% | $3,835+36.4% |
| Admin fee / account holder | $216 | $1,150-81.2% | $11,381-98.1% | $1,002-78.4% |