Filed February 26, 2020
| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 60 · EIN 04-2647786 | Sub-TA Fees | $440,841 |
Service code 27 · EIN 35-2552359 | Advisory (Plan) | $365,000 |
MERCER2 years Filed as: MERCER INVESTMENTS LLC Service code 16 · EIN 30-0282430 | Consulting | $60,061 |
WARREN AVERETT, LLC9 years Filed as: WARREN AVERETT CPAS AND ADVISORS Service code 10 · EIN 45-4084437 | Accounting | $26,291 |
Form 5500 reported that benefits due were not provided when due.
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 | $55,801 | $103,282-46.0% | $81,370-31.4% | $99,313-43.8% |
| Participation rate | 92.9% | 73.2%+19.7pp | 69.5%+23.3pp | 71.7%+21.2pp |
| Annual return | 13.43% | 15.11%-1.7pp | 24.85%-11.4pp | 17.67%-4.2pp |
| Employer contribution / active EE | $2,712 | $3,061-11.4% | $2,464+10.1% | $3,264-16.9% |
| Participant deferral / active EE | $4,753 | $4,549+4.5% | $3,885+22.3% | $5,346-11.1% |
| Admin fee / account holder | $81 | $78+3.5% | $5,749-98.6% | $109-25.6% |