Filed February 18, 2024
Total covered: 14 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PROSPER FINANCIAL Service code 27 · EIN 75-1832551 | Advisory (Plan) | $0 |
THE VANGUARD GROUP, INC.2+ years Filed as: THE VANGUARD GROUP, INC Service code 37 · EIN 23-1945930 | Loan Processing | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $20,300 | $75,183-73.0% | $123,894-83.6% | $55,167-63.2% |
| Participation rate | 100.0% | 72.8%+27.2pp | 81.4%+18.6pp | 69.0%+31.0pp |
| Annual return | 22.74% | 19.01%+3.7pp | 47.52%-24.8pp | 169.23%-146.5pp |
| Employer contribution / active EE | $193 | $2,823-93.2% | $4,617-95.8% | $1,963-90.2% |
| Participant deferral / active EE | $2,797 | $5,084-45.0% | $5,984-53.3% | $3,054-8.4% |
| Admin fee / account holder | $132 | $663-80.1% | $8,357-98.4% | $504-73.9% |