Filed April 2, 2019
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $20,279 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,715 | $91,474-32.5% | $135,982-54.6% | $71,529-13.7% |
| Participation rate | 95.2% | 75.7%+19.5pp | 81.9%+13.3pp | 67.9%+27.3pp |
| Annual return | 39.10% | 29.89%+9.2pp | 68.32%-29.2pp | 28.97%+10.1pp |
| Employer contribution / active EE | $2,845 | $3,705-23.2% | $4,859-41.5% | $2,590+9.9% |
| Participant deferral / active EE | $8,136 | $7,095+14.7% | $7,760+4.8% | $4,291+89.6% |
| Admin fee / account holder | $121 | $1,267-90.5% | $10,767-98.9% | $1,588-92.4% |