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 | $106,264+86.4% | $147,117+34.7% | $77,762+154.8% |
| Participation rate | 99.8% | 78.4%+21.4pp | 82.2%+17.6pp | 70.6%+29.2pp |
| Annual return | 15.12% | 56.94%-41.8pp | 420.54%-405.4pp | 31.27%-16.1pp |
| Employer contribution / active EE | $12,720 | $4,074+212.2% | $4,932+157.9% | $2,728+366.3% |
| Participant deferral / active EE | $15,404 | $8,003+92.5% | $8,065+91.0% | $4,651+231.2% |
| Admin fee / account holder | $24 | $334-92.8% | $12,993-99.8% | $433-94.4% |