Filed August 24, 2020 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
MILLIMAN, INC.10+ years Filed as: MILLIMAN INC. Service code 15 · EIN 91-0675641 | Recordkeeping | $627,030 |
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 | $48,383 | $57,150-15.3% | $93,727-48.4% | $106,553-54.6% |
| Participation rate | 25.6% | 49.1%-23.5pp | 68.7%-43.1pp | 69.8%-44.2pp |
| Annual return | 17.21% | 15.81%+1.4pp | 133.83%-116.6pp | 17.37%-0.2pp |
| Employer contribution / active EE | $886 | $1,015-12.7% | $2,421-63.4% | $3,359-73.6% |
| Participant deferral / active EE | $1,319 | $1,853-28.8% | $4,417-70.1% | $5,562-76.3% |
| Admin fee / account holder | $70 | $64+9.4% | $8,292-99.2% | $80-11.6% |