| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS LLC4 years Filed as: ALIGHT FINANCIAL ADVISORS LLC Service code 26 · EIN 82-1061233 | Advisory (Participants) | $581,725 |
ALIGHT SOLUTIONS LLC3 years Filed as: ALIGHT FINANCIAL SOLUTIONS, LLC Service code 33 · EIN 82-1061233 | Finders' fees / placement fees; Distr... | $34,514 |
THE BANK OF NEW YORK MELLON5+ years Filed as: PERSHING LLC Service code 59 · EIN 13-2741729 | Shareholder Servicing | $12,817 |
ALIGHT SOLUTIONS LLC4 years Service code 15 · EIN 82-1061233 | Recordkeeping | $9,066 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,098 | $97,541-67.1% | $149,751-78.6% | $106,273-69.8% |
| Participation rate | 100.0% | 66.8%+33.2pp | 82.5%+17.5pp | 70.8%+29.2pp |
| Annual return | 16.37% | 24.23%-7.9pp | 276.71%-260.3pp | 21.70%-5.3pp |
| Employer contribution / active EE | $0 | $2,504-100.0% | $4,646-100.0% | $2,722-100.0% |
| Participant deferral / active EE | $0 | $6,023-100.0% | $6,843-100.0% | $4,601-100.0% |
| Admin fee / account holder | $22 | $72-69.9% | $9,312-99.8% | $78-72.5% |