Filed June 10, 2022 (most recent of 3 filings on file)
Total covered: 205 employees
| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $6,990 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$100,118 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported that benefits due were not provided when due.
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 | $38,406 | $45,382-15.4% | $154,110-75.1% | $75,289-49.0% |
| Participation rate | 94.2% | 65.9%+28.3pp | 83.0%+11.1pp | 72.4%+21.7pp |
| Annual return | -4.96% | -0.47%-4.5pp | 735.22%-740.2pp | -0.04%-4.9pp |
| Employer contribution / active EE | $2,849 | $1,533+85.8% | $5,298-46.2% | $2,405+18.4% |
| Participant deferral / active EE | $0 | $2,384-100.0% | $5,081-100.0% | $3,739-100.0% |
| Admin fee / account holder | -$22 | $89-124.5% | $13,412-100.2% | $102-121.4% |