Filed January 22, 2019
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| Provider | Service type | Compensation |
|---|---|---|
BAKER NEWMAN NOYES1 year Filed as: BAKER NEWMAN & NOYES LLC Service code 10 · EIN 01-0494526 | Accounting | $7,146 |
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $281,323 | $54,573+415.5% | $90,970+209.2% | $73,493+282.8% |
| Participation rate | 90.4% | 61.2%+29.3pp | 69.0%+21.4pp | 70.7%+19.8pp |
| Annual return | 18.99% | 16.69%+2.3pp | 134.58%-115.6pp | 28.51%-9.5pp |
| Employer contribution / active EE | $6,170 | $991+522.3% | $2,122+190.7% | $2,270+171.8% |
| Participant deferral / active EE | $10,131 | $2,517+302.5% | $3,373+200.3% | $3,740+170.9% |
| Admin fee / account holder | $94 | $521-82.0% | $5,960-98.4% | $513-81.7% |