Filed June 15, 2022
Total covered: 2 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $19,271 |
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 | $24,527 | $46,332-47.1% | $143,797-82.9% | $64,824-62.2% |
| Participation rate | 92.7% | 64.2%+28.4pp | 80.3%+12.4pp | 71.5%+21.2pp |
| Annual return | -15.47% | -10.05%-5.4pp | -0.04%-15.4pp | 32.84%-48.3pp |
| Employer contribution / active EE | $3,201 | $1,911+67.5% | $4,952-35.4% | $2,507+27.7% |
| Participant deferral / active EE | $6,214 | $2,647+134.7% | $5,638+10.2% | $4,311+44.1% |
| Admin fee / account holder | $22 | $154-86.0% | $14,679-99.9% | $188-88.5% |