Filed January 10, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: ONEDIGITAL INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $36,397 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $33,384 |
ASCENSUS LLC3 years Filed as: FUTUREPLAN BY ASCENSUS Service code 15 · EIN 82-3719843 | Recordkeeping | $1,125 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,451 | $102,661-37.2% | $151,645-57.5% | $66,949-3.7% |
| Participation rate | 84.2% | 85.5%-1.4pp | 87.5%-3.3pp | 69.8%+14.3pp |
| Annual return | -15.57% | -10.81%-4.8pp | 3.34%-18.9pp | 1.57%-17.1pp |
| Employer contribution / active EE | $4,216 | $4,184+0.8% | $6,165-31.6% | $2,545+65.6% |
| Participant deferral / active EE | $11,583 | $6,645+74.3% | $8,363+38.5% | $4,239+173.2% |
| Admin fee / account holder | $303 | $630-52.0% | $11,614-97.4% | $594-49.0% |