Filed August 27, 2018
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| Provider | Service type | Compensation |
|---|---|---|
MILLIMAN, INC.6 years Service code 15 · EIN 91-0675641 | Recordkeeping | $31,043 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $27,820 | $57,763-51.8% | $112,228-75.2% | $71,529-61.1% |
| Participation rate | 53.5% | 58.9%-5.4pp | 72.4%-18.9pp | 67.9%-14.4pp |
| Annual return | 15.46% | 18.26%-2.8pp | 30.23%-14.8pp | 28.97%-13.5pp |
| Employer contribution / active EE | $1,204 | $1,916-37.2% | $3,432-64.9% | $2,590-53.5% |
| Participant deferral / active EE | $2,462 | $2,865-14.1% | $4,800-48.7% | $4,291-42.6% |
| Admin fee / account holder | $154 | $1,563-90.1% | $7,752-98.0% | $1,588-90.3% |