Filed March 21, 2016
Total covered: 4 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
INDEPENDENT FINANCIAL GROUP LLC1+ years Filed as: INDEPENDENT FINANCIAL GROUP Service code 27 · EIN 71-0927304 | Advisory (Plan) | $35,816 |
Service code 37 · EIN 04-2647786 | Loan Processing | $10,369 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,700 | $50,498-70.9% | $75,784-80.6% | $55,191-73.4% |
| Participation rate | 82.7% | 69.4%+13.2pp | 75.8%+6.8pp | 69.2%+13.5pp |
| Annual return | 5.97% | 1.80%+4.2pp | 9.68%-3.7pp | 10.78%-4.8pp |
| Employer contribution / active EE | $615 | $2,291-73.2% | $3,323-81.5% | $1,899-67.6% |
| Participant deferral / active EE | $2,511 | $2,589-3.0% | $3,652-31.2% | $3,046-17.6% |
| Admin fee / account holder | $52 | $123-58.1% | $5,300-99.0% | $91-43.2% |