Filed October 9, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $47,667 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $9,986 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $32,191 | $89,435-64.0% | $164,975-80.5% | $77,714-58.6% |
| Participation rate | 79.9% | 78.6%+1.3pp | 78.6%+1.3pp | 70.6%+9.3pp |
| Annual return | 14.15% | 28.82%-14.7pp | 70.12%-56.0pp | 31.26%-17.1pp |
| Employer contribution / active EE | $1,836 | $2,563-28.3% | $4,343-57.7% | $2,727-32.7% |
| Participant deferral / active EE | $3,293 | $4,901-32.8% | $6,033-45.4% | $4,649-29.2% |
| Admin fee / account holder | $163 | $340-52.0% | $12,688-98.7% | $433-62.4% |