Filed December 1, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $4,906 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $14,861 | $48,261-69.2% | $68,612-78.3% | $55,725-73.3% |
| Participation rate | 84.6% | 71.0%+13.5pp | 72.2%+12.3pp | 70.9%+13.7pp |
| Annual return | -3.96% | -2.61%-1.4pp | -4.63%+0.7pp | 244.93%-248.9pp |
| Employer contribution / active EE | $745 | $1,742-57.2% | $2,625-71.6% | $2,078-64.2% |
| Participant deferral / active EE | $2,090 | $2,712-22.9% | $3,311-36.9% | $3,356-37.7% |
| Admin fee / account holder | $19 | $126-85.0% | $5,131-99.6% | $115-83.6% |