Filed August 24, 2020 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
MILLIMAN, INC.8+ years Filed as: MILLIMAN INC. Service code 15 · EIN 91-0675641 | Recordkeeping | $444,586 |
MATRIX TRUST COMPANY6 years Service code 21 · EIN 75-3182674 | Bank Trustee | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,407 | $47,540-15.0% | $79,591-49.2% | $89,433-54.8% |
| Participation rate | 22.9% | 54.9%-32.0pp | 69.5%-46.6pp | 71.3%-48.4pp |
| Annual return | -16.19% | -8.05%-8.1pp | 0.18%-16.4pp | -11.88%-4.3pp |
| Employer contribution / active EE | $649 | $1,122-42.1% | $2,413-73.1% | $3,021-78.5% |
| Participant deferral / active EE | $1,187 | $1,961-39.5% | $3,986-70.2% | $5,125-76.8% |
| Admin fee / account holder | $71 | $59+21.1% | $6,815-99.0% | $79-10.7% |