Filed June 29, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JANNEY MONTGOMERY SCOTT, LLC Service code 26 6700 TOWER CIRCLE, SUITE 200 · FRANKLIN, TN 37067 | Advisory (Participants) | $269,066 |
NWPS1 year Service code 15 4025 DELRIDGE WAY SW · SEATTLE, WA 98106 | Recordkeeping | $88,611 |
Filed as: FIDELITY INVESTMENTS Service code 26 5214 MARYLAND WAY, SUITE 405 · BRENTWOOD, TN 37027 | Advisory (Participants) | $24,941 |
MATRIX TRUST COMPANY1 year Service code 19 · EIN 75-3182674 2800 NORTH CENTRAL AVENUE · PHOENIX, AZ 85004 | Securities Custodian | $24,828 |
Filed as: NORTHWESTERN MUTUAL Service code 26 720 E. WISCONSIN AVE · MILWAUKEE, WI 53202 | Advisory (Participants) | $24,705 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB Service code 26 111 WALL STREET · NEW YORK, NY 10005 | Advisory (Participants) | $20,620 |
BAIRD FUNDS1 year Filed as: ROBERT W. BAIRD Service code 26 500 W. 7TH STREET · COLUMBIA, TN 38401 | Advisory (Participants) | $9,877 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $136,331 | $67,512+101.9% | $185,854-26.6% | $93,010+46.6% |
| Participation rate | 98.5% | 67.1%+31.4pp | 81.7%+16.8pp | 73.9%+24.6pp |
| Annual return | 43.67% | 21.04%+22.6pp | 122.12%-78.4pp | 158.70%-115.0pp |
| Employer contribution / active EE | $7,740 | $1,783+334.0% | $5,169+49.7% | $2,705+186.1% |
| Participant deferral / active EE | $5,071 | $3,035+67.1% | $5,569-8.9% | $4,561+11.2% |
| Admin fee / account holder | $326 | $318+2.6% | $16,246-98.0% | $152+115.0% |