Filed August 1, 2018 (most recent of 6 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
INDEPENDENT FINANCIAL PARTNERS2+ years Service code 99 · EIN 59-3331424 | Other Fees | $122,704 |
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $32,524 |
MORNINGSTAR2+ years Service code 26 · EIN 36-3297908 | Advisory (Participants) | $14,549 |
MAYER HOFFMAN MCCANN P.C.2+ years Filed as: MAYER HOFFMAN MCCANN PC Service code 99 · EIN 43-1947695 | Other Fees | $14,500 |
WORKPLACE MONEY COACH1 year Service code 99 · EIN 59-2702747 | Other Fees | $10,125 |
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.
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 | $73,275 | $80,354-8.8% | $133,975-45.3% | $63,975+14.5% |
| Participation rate | 40.9% | 87.5%-46.6pp | 87.1%-46.1pp | 71.1%-30.2pp |
| Annual return | 8.35% | 13.11%-4.8pp | 29.29%-20.9pp | 48.65%-40.3pp |
| Employer contribution / active EE | $1,225 | $3,503-65.0% | $5,211-76.5% | $2,182-43.9% |
| Participant deferral / active EE | $2,322 | $5,239-55.7% | $6,282-63.0% | $3,356-30.8% |
| Admin fee / account holder | $28 | $69-59.6% | $9,324-99.7% | $70-60.3% |