Filed October 3, 2019
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $32,623 |
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $5,953 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported that benefits due were not provided when due.
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 | $66,431 | $40,435+64.3% | $80,648-17.6% | $74,473-10.8% |
| Participation rate | 18.2% | 47.4%-29.2pp | 67.0%-48.8pp | 70.7%-52.5pp |
| Annual return | 18.37% | 165.22%-146.9pp | 937.21%-918.8pp | 34.36%-16.0pp |
| Employer contribution / active EE | $356 | $1,498-76.2% | $2,724-86.9% | $2,638-86.5% |
| Participant deferral / active EE | $1,562 | $2,673-41.6% | $4,443-64.9% | $4,530-65.5% |
| Admin fee / account holder | $191 | $721-73.5% | $5,382-96.5% | $347-45.0% |