Filed January 23, 2019 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
SCHNITMAN & ASSOCIATES INC3+ years Service code 64 · EIN 75-1983809 P O BOX 889 · ALLEN, TX 750130014 | Recordkeeping Fees | $185,371 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $128,197 | $89,274+43.6% | $149,721-14.4% | $77,958+64.4% |
| Participation rate | 96.1% | 87.6%+8.5pp | 87.1%+9.1pp | 71.6%+24.5pp |
| Annual return | 10.26% | 20.36%-10.1pp | 1501.67%-1491.4pp | 20.87%-10.6pp |
| Employer contribution / active EE | $5,991 | $3,727+60.8% | $5,444+10.0% | $2,310+159.3% |
| Participant deferral / active EE | $3,572 | $5,382-33.6% | $6,568-45.6% | $3,537+1.0% |
| Admin fee / account holder | $142 | $240-40.8% | $11,282-98.7% | $97+45.9% |