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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT-WEST LIFE ANNUITY INSURANCE Service code 64 | Recordkeeping Fees | $29,263 |
Filed as: RESOURCES INV ADV DBA BUKATY COS Service code 27 | Advisory (Plan) | $19,455 |
PLAN DESIGN CONSULTANTS, INC.2+ years Filed as: PLAN DESIGN CONSULTANTS, INC Service code 13 | Contract Administrator | $3,400 |
Filed as: EMPOWER RETIREMENT ADVISORY SVCS Service code 28 | Investment Management | $2,152 |
PLAN DESIGN CONSULTANTS, INC.2+ years Service code 13 | Contract Administrator | $902 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $30,133 | $80,177-62.4% | $123,894-75.7% | $57,658-47.7% |
| Participation rate | 55.2% | 74.4%-19.2pp | 81.4%-26.2pp | 70.2%-15.0pp |
| Annual return | 8.65% | 17.90%-9.3pp | 47.52%-38.9pp | 5.13%+3.5pp |
| Employer contribution / active EE | $474 | $2,913-83.7% | $4,617-89.7% | $1,974-76.0% |
| Participant deferral / active EE | $3,326 | $5,130-35.2% | $5,984-44.4% | $3,061+8.7% |
| Admin fee / account holder | $12 | $106-88.5% | $8,357-99.9% | $95-87.1% |