Filed May 31, 2019
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| Provider | Service type | Compensation |
|---|---|---|
FISHER INVESTMENTS1 year Filed as: FISHER ASSET MANAGEMENT LLC FISHER Service code 27 PO BOX 8904 · VANCOUVER, WA 986889912 | Advisory (Plan) | $39,907 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $15,705 |
Service code 99 3071 PEARL ROAD · MEDINA, OH 44256 | Other Fees | $400 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,630 | $64,176-18.0% | $112,263-53.1% | $66,949-21.4% |
| Participation rate | 72.5% | 68.4%+4.1pp | 75.1%-2.6pp | 69.8%+2.7pp |
| Annual return | -16.49% | -13.80%-2.7pp | 27.49%-44.0pp | 1.57%-18.1pp |
| Employer contribution / active EE | $3,325 | $3,007+10.6% | $3,636-8.6% | $2,545+30.6% |
| Participant deferral / active EE | $6,378 | $3,694+72.7% | $4,729+34.9% | $4,239+50.5% |
| Admin fee / account holder | $435 | $626-30.5% | $6,410-93.2% | $594-26.7% |