Filed June 18, 1996 (most recent of 2 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 |
|---|---|---|
MERCER2+ years Service code 11 · EIN 13-2824414 | Actuarial | $139,005 |
STATE STREET GLOBAL ADVISORS2+ years Filed as: STATE STREET BANK & TRUST Service code 21 · EIN 04-3400339 | Bank Trustee | $10,791 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $1,689,548 | $47,947+3423.8% | $67,836+2390.6% | $62,881+2586.9% |
| Participation rate | 0.0% | 61.1%-61.1pp | 68.8%-68.8pp | 69.3%-69.3pp |
| Annual return | 7.55% | 11.77%-4.2pp | 138.49%-130.9pp | 20.14%-12.6pp |
| Employer contribution / active EE | $0 | $1,563-100.0% | $2,404-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $0 | $2,247-100.0% | $3,160-100.0% | $3,203-100.0% |
| Admin fee / account holder | $4,276 | $3,707+15.4% | $4,621-7.5% | $4,296-0.5% |