Filed April 9, 2019
| Provider | Service type | Compensation |
|---|---|---|
Filed as: KESTRA ADVISORY SERVICES LLC Service code 27 5707 SWST PRKWY BLDG 2 · AUSTIN, TX 78735 | Advisory (Plan) | $86,006 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $15,043 |
Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $7,112 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $156,970 | $73,638+113.2% | $108,421+44.8% | $79,395+97.7% |
| Participation rate | 99.2% | 77.4%+21.8pp | 80.1%+19.0pp | 70.7%+28.5pp |
| Annual return | 15.15% | 33.27%-18.1pp | 905.61%-890.5pp | 116.90%-101.8pp |
| Employer contribution / active EE | $3,137 | $2,397+30.9% | $3,560-11.9% | $2,428+29.2% |
| Participant deferral / active EE | $5,932 | $6,218-4.6% | $6,564-9.6% | $4,046+46.6% |
| Admin fee / account holder | $716 | $638+12.3% | $7,298-90.2% | $626+14.4% |