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 | $89,465-64.0% | $165,100-80.5% | $77,762-58.6% |
| Participation rate | 79.9% | 78.6%+1.3pp | 78.6%+1.3pp | 70.6%+9.3pp |
| Annual return | 14.15% | 28.86%-14.7pp | 70.21%-56.1pp | 31.27%-17.1pp |
| Employer contribution / active EE | $1,836 | $2,565-28.4% | $4,348-57.8% | $2,728-32.7% |
| Participant deferral / active EE | $3,293 | $4,904-32.9% | $6,035-45.4% | $4,651-29.2% |
| Admin fee / account holder | $163 | $340-52.1% | $12,696-98.7% | $433-62.4% |