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| Provider | Service type | Compensation |
|---|---|---|
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $220 |
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $220 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,134 | $34,634-70.7% | $77,096-86.9% | $64,819-84.4% |
| Participation rate | 22.0% | 49.8%-27.9pp | 67.9%-46.0pp | 71.5%-49.5pp |
| Annual return | 0.58% | -5.31%+5.9pp | 42.35%-41.8pp | 32.84%-32.3pp |
| Employer contribution / active EE | $971 | $1,385-29.9% | $2,814-65.5% | $2,507-61.2% |
| Participant deferral / active EE | $1,561 | $2,553-38.9% | $4,429-64.8% | $4,311-63.8% |
| Admin fee / account holder | $22 | $178-87.6% | $5,428-99.6% | $188-88.3% |