Filed September 22, 2017
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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.8+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $141,278 |
MERCER4 years Filed as: MERCER INVESTMENTS LLC Service code 27 21875 NETWORK PLACE · CHICAGO, IL 60673 | Advisory (Plan) | $26,635 |
ELLIOTT DAVIS, LLC1 year Filed as: ELLIOTT GROUP CPAS LLC Service code 10 5960 FAIRVIEW RD · CHARLOTTE, NC 28210 | Accounting | $16,000 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $78,297 | $90,064-13.1% | $100,415-22.0% | $77,762+0.7% |
| Participation rate | 98.0% | 81.3%+16.8pp | 81.5%+16.5pp | 70.6%+27.5pp |
| Annual return | 12.30% | 20.61%-8.3pp | 49.47%-37.2pp | 31.27%-19.0pp |
| Employer contribution / active EE | $5,282 | $3,043+73.5% | $3,943+34.0% | $2,728+93.6% |
| Participant deferral / active EE | $5,480 | $8,282-33.8% | $8,091-32.3% | $4,651+17.8% |
| Admin fee / account holder | $273 | $172+58.6% | $7,906-96.5% | $433-37.0% |