Filed May 5, 2021
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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.8 years Service code 15 · EIN 23-1945930 | Recordkeeping | $40,846 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,909 | $110,258-79.2% | $102,460-77.6% | $200,096-88.6% |
| Participation rate | 78.9% | 86.3%-7.4pp | 76.5%+2.4pp | 72.0%+6.9pp |
| Annual return | 21.93% | 35.78%-13.9pp | 29.47%-7.5pp | 34.26%-12.3pp |
| Employer contribution / active EE | $2,814 | $3,605-21.9% | $3,025-7.0% | $3,038-7.4% |
| Participant deferral / active EE | $3,754 | $6,377-41.1% | $5,056-25.7% | $5,090-26.2% |
| Admin fee / account holder | $19 | $122-84.7% | $9,460-99.8% | $269-93.0% |