Filed September 22, 2017
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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.6+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $129,492 |
MERCER2 years Filed as: MERCER INVESTMENTS LLC Service code 27 21875 NETWORK PLACE · CHICAGO, IL 60673 | Advisory (Plan) | $30,972 |
ELLIOTT DAVIS, LLC3 years Filed as: ELLIOT GROUP CPAS LLC Service code 10 5960 FAIRVIEW RD · CHARLOTTE, NC 28210 | Accounting | $24,900 |
POYNER & SPRUILL LLP3 years Filed as: POYNER SPRUILL LLP Service code 10 PO BOX 746773 · ATLANTA, GA 30374 | Accounting | $6,312 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $35,116 | $64,612-45.7% | $86,438-59.4% | $64,819-45.8% |
| Participation rate | 96.8% | 81.5%+15.3pp | 80.3%+16.4pp | 71.5%+25.3pp |
| Annual return | -16.01% | 0.66%-16.7pp | 4397.19%-4413.2pp | 32.84%-48.8pp |
| Employer contribution / active EE | $3,878 | $2,744+41.3% | $3,769+2.9% | $2,507+54.7% |
| Participant deferral / active EE | $3,702 | $7,497-50.6% | $6,952-46.8% | $4,311-14.1% |
| Admin fee / account holder | $156 | $169-8.0% | $6,733-97.7% | $188-17.2% |