Filed November 17, 2017
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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE · COLUMBUS, OH 43215 | Recordkeeping | $48,174 |
CECILCO3+ years Service code 13 14881 QUORUM DRIVE · DALLAS, TX 75254 | Contract Administrator | $15,835 |
PROSPERA FINANCIAL SERVICES3+ years Service code 27 5429 LBJ FREEWAY · DALLAS, TX 75240 | Advisory (Plan) | $2,535 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $13,503 | $45,324-70.2% | $122,354-89.0% | $69,631-80.6% |
| Participation rate | 79.6% | 59.9%+19.7pp | 71.6%+8.0pp | 70.7%+8.9pp |
| Annual return | 14.50% | 25.35%-10.8pp | 30.28%-15.8pp | 27571.02%-27556.5pp |
| Employer contribution / active EE | $834 | $1,230-32.2% | $4,051-79.4% | $2,032-59.0% |
| Participant deferral / active EE | $1,552 | $2,367-34.4% | $3,287-52.8% | $3,224-51.8% |
| Admin fee / account holder | $103 | $87+18.4% | $5,479-98.1% | $110-6.7% |