Filed January 12, 2024 (most recent of 14 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIDELITY INVESTMENTS INSTITUT OP CO Service code 60 · EIN 04-2647786 | Sub-TA Fees | $503 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $4,479 | $105,581-95.8% | $70,492-93.6% | $90,274-95.0% |
| Participation rate | 43.3% | 77.5%-34.3pp | 75.1%-31.8pp | 73.4%-30.1pp |
| Annual return | 0.00% | 14.78%-14.8pp | 109.16%-109.2pp | 53.97%-54.0pp |
| Employer contribution / active EE | $169 | $3,304-94.9% | $2,738-93.8% | $2,523-93.3% |
| Participant deferral / active EE | $598 | $3,813-84.3% | $3,711-83.9% | $4,231-85.9% |
| Admin fee / account holder | $2 | $68-97.5% | $3,848-100.0% | $114-98.5% |