Filed February 16, 2024 (most recent of 3 filings on file)
Total covered: 284 employees
| Provider | Service type | Compensation |
|---|---|---|
NORTHERN TRUST COMPANY4+ years Filed as: THE NORTHERN TRUST COMPANY Service code 21 · EIN 36-1561860 | Bank Trustee | $2,114,426 |
UBS FINANCIAL SERVICES INC4+ years Filed as: UBS FINANCIAL SERVICES INC. Service code 21 · EIN 13-2638166 | Bank Trustee | $150,000 |
INVESCO1 year Service code 28 · EIN 58-1707262 | Investment Management | $143,648 |
HANCOCK ASKEW & CO., LLP4+ years Filed as: HANCOCK ASKEW AND CO LLP Service code 10 · EIN 58-0662558 | Accounting | $29,000 |
SUNTRUST BANKS, INC.4+ years Filed as: SUNTRUST Service code 21 · EIN 58-0466330 | Bank Trustee | $11,341 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $838,864 | $100,545+734.3% | $110,243+660.9% | $73,367+1043.4% |
| Participation rate | 0.0% | 67.8%-67.8pp | 79.8%-79.8pp | 69.5%-69.5pp |
| Annual return | -4.07% | -1.49%-2.6pp | 314.76%-318.8pp | 173.45%-177.5pp |
| Employer contribution / active EE | $1,504 | $2,405-37.5% | $3,827-60.7% | $2,499-39.8% |
| Participant deferral / active EE | $2,447 | $3,439-28.9% | $4,672-47.6% | $4,033-39.3% |
| Admin fee / account holder | $982 | $81+1117.7% | $8,548-88.5% | $68+1336.9% |