Filed April 9, 2019
| Provider | Service type | Compensation |
|---|---|---|
Filed as: KESTRA ADVISORY SERVICES LLC Service code 27 5707 SW PKWY BLDG 2 STE 400 · AUSTIN, TX 78735 | Advisory (Plan) | $45,792 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $8,791 |
Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $6,549 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $120,962 | $58,655+106.2% | $91,994+31.5% | $65,188+85.6% |
| Participation rate | 99.1% | 75.3%+23.9pp | 78.6%+20.5pp | 70.2%+28.9pp |
| Annual return | 21.71% | 33.92%-12.2pp | 69.04%-47.3pp | 29.38%-7.7pp |
| Employer contribution / active EE | $4,157 | $2,080+99.8% | $3,453+20.4% | $2,177+91.0% |
| Participant deferral / active EE | $4,963 | $5,474-9.3% | $5,924-16.2% | $3,514+41.2% |
| Admin fee / account holder | $450 | $434+3.5% | $7,744-94.2% | $847-46.9% |