Filed January 23, 2019 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
SCHNITMAN & ASSOCIATES INC2+ years Service code 64 · EIN 75-1983809 P O BOX 889 · ALLEN, TX 750130014 | Recordkeeping Fees | $163,645 |
Plan reported corrective distributions (failed ADP/ACP testing).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $112,809 | $80,354+40.4% | $133,975-15.8% | $63,975+76.3% |
| Participation rate | 94.0% | 87.5%+6.4pp | 87.1%+6.9pp | 71.1%+22.8pp |
| Annual return | 21.18% | 13.11%+8.1pp | 29.29%-8.1pp | 48.65%-27.5pp |
| Employer contribution / active EE | $4,600 | $3,503+31.3% | $5,211-11.7% | $2,182+110.9% |
| Participant deferral / active EE | $3,385 | $5,239-35.4% | $6,282-46.1% | $3,356+0.8% |
| Admin fee / account holder | $121 | $69+74.9% | $9,324-98.7% | $70+72.1% |