Filed July 8, 2021
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| Provider | Service type | Compensation |
|---|---|---|
USI CONSULTING GROUP4 years Filed as: BURKE GROUP Service code 14 · EIN 80-0688755 | Plan Administrator | $115,921 |
Filed as: LEVEL FINANCIAL ADVISORS Service code 27 · EIN 16-1140261 | Advisory (Plan) | $18,545 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $13,481 | $46,332-70.9% | $143,799-90.6% | $64,819-79.2% |
| Participation rate | 96.9% | 64.2%+32.6pp | 80.3%+16.5pp | 71.5%+25.4pp |
| Annual return | -16.41% | -10.05%-6.4pp | -0.04%-16.4pp | 32.84%-49.2pp |
| Employer contribution / active EE | $1,002 | $1,911-47.6% | $4,952-79.8% | $2,507-60.0% |
| Participant deferral / active EE | $2,413 | $2,647-8.8% | $5,638-57.2% | $4,311-44.0% |
| Admin fee / account holder | $153 | $154-0.8% | $14,677-99.0% | $188-18.7% |