Filed June 28, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101 | Advisory (Plan) | $21,768 |
JPMORGAN INVEST HOLDINGS LLC4+ years Service code 64 | Recordkeeping Fees | $4,458 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,765 | $91,474-17.2% | $135,982-44.3% | $71,529+5.9% |
| Participation rate | 69.6% | 75.7%-6.0pp | 81.9%-12.3pp | 67.9%+1.7pp |
| Annual return | 14.06% | 29.89%-15.8pp | 68.32%-54.3pp | 28.97%-14.9pp |
| Employer contribution / active EE | $3,298 | $3,705-11.0% | $4,859-32.1% | $2,590+27.4% |
| Participant deferral / active EE | $6,677 | $7,095-5.9% | $7,760-14.0% | $4,291+55.6% |
| Admin fee / account holder | $233 | $1,267-81.6% | $10,767-97.8% | $1,588-85.3% |