Filed October 13, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $12,025 |
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 | $198,098 | $106,110+86.7% | $147,005+34.8% | $77,671+155.0% |
| Participation rate | 99.8% | 78.4%+21.4pp | 82.2%+17.6pp | 70.6%+29.2pp |
| Annual return | 15.12% | 56.77%-41.7pp | 418.76%-403.6pp | 31.21%-16.1pp |
| Employer contribution / active EE | $12,720 | $4,065+212.9% | $4,934+157.8% | $2,726+366.6% |
| Participant deferral / active EE | $15,404 | $7,992+92.8% | $8,070+90.9% | $4,648+231.4% |
| Admin fee / account holder | $24 | $338-92.9% | $13,006-99.8% | $430-94.4% |