Filed February 26, 2020
| Provider | Service type | Compensation |
|---|---|---|
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $225,078 |
SECURITIES AMERICA INC3+ years Service code 27 · EIN 11-2551174 | Advisory (Plan) | $104,496 |
WARREN AVERETT, LLC2 years Filed as: WARREN AVERETT CPAS AND ADVISORS Service code 16 · EIN 45-4084437 | Consulting | $10,250 |
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 | $34,573 | $94,339-63.4% | $75,501-54.2% | $177,276-80.5% |
| Participation rate | 91.1% | 80.3%+10.8pp | 72.4%+18.7pp | 74.8%+16.3pp |
| Annual return | 65.84% | 18.58%+47.3pp | 27.35%+38.5pp | 21.25%+44.6pp |
| Employer contribution / active EE | $1,332 | $2,982-55.3% | $2,352-43.4% | $2,479-46.3% |
| Participant deferral / active EE | $2,376 | $3,974-40.2% | $3,142-24.4% | $3,881-38.8% |
| Admin fee / account holder | $37 | $53-29.3% | $5,801-99.4% | $154-75.7% |