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 | $106,247+86.5% | $147,096+34.7% | $77,714+154.9% |
| Participation rate | 99.8% | 78.4%+21.4pp | 82.2%+17.6pp | 70.6%+29.2pp |
| Annual return | 15.12% | 56.87%-41.7pp | 419.75%-404.6pp | 31.26%-16.1pp |
| Employer contribution / active EE | $12,720 | $4,069+212.6% | $4,936+157.7% | $2,727+366.5% |
| Participant deferral / active EE | $15,404 | $7,996+92.6% | $8,071+90.9% | $4,649+231.3% |
| Admin fee / account holder | $24 | $338-92.9% | $13,005-99.8% | $433-94.4% |