Filed December 17, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 · EIN 13-2638166 | Advisory (Plan) | $84,625 |
Service code 37 · EIN 04-2647786 | Loan Processing | $7,834 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $50,862 | $36,916+37.8% | $156,551-67.5% | $57,658-11.8% |
| Participation rate | 65.7% | 63.4%+2.3pp | 84.0%-18.3pp | 70.2%-4.5pp |
| Annual return | 6.53% | 12.38%-5.8pp | 32.23%-25.7pp | 5.13%+1.4pp |
| Employer contribution / active EE | $1,424 | $1,571-9.3% | $5,501-74.1% | $1,974-27.9% |
| Participant deferral / active EE | $2,399 | $1,926+24.6% | $4,871-50.8% | $3,061-21.6% |
| Admin fee / account holder | $109 | $82+31.9% | $13,028-99.2% | $95+15.1% |