Filed August 24, 2020 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
MILLIMAN, INC.3+ years Filed as: MILLIMAN INC. Service code 15 · EIN 91-0675641 | Recordkeeping | $208,817 |
MATRIX TRUST COMPANY1 year Service code 21 · EIN 75-3182674 | Bank Trustee | $27,241 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $37,553 | $39,909-5.9% | $78,775-52.3% | $80,976-53.6% |
| Participation rate | 22.1% | 55.7%-33.6pp | 69.2%-47.1pp | 68.3%-46.2pp |
| Annual return | 23.12% | 23.47%-0.3pp | 35.62%-12.5pp | 22.91%+0.2pp |
| Employer contribution / active EE | $583 | $778-25.0% | $1,986-70.6% | $2,402-75.7% |
| Participant deferral / active EE | $943 | $1,359-30.6% | $2,958-68.1% | $3,848-75.5% |
| Admin fee / account holder | $71 | $50+43.7% | $5,132-98.6% | $67+5.9% |