Filed November 20, 2019
| Provider | Service type | Compensation |
|---|---|---|
BOKF, NA5+ years Service code 19 P.O. BOX 880 · TULSA, OK 74101 | Securities Custodian | $10,306 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,344 | $81,961-76.4% | $141,200-86.3% | $89,609-78.4% |
| Participation rate | 0.1% | 64.9%-64.8pp | 82.5%-82.4pp | 69.6%-69.5pp |
| Annual return | 30.62% | 36.14%-5.5pp | 71.41%-40.8pp | 33.65%-3.0pp |
| Employer contribution / active EE | $0 | $2,268-100.0% | $4,736-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $3 | $5,316-100.0% | $6,710-100.0% | $4,222-99.9% |
| Admin fee / account holder | $135 | $68+98.3% | $10,265-98.7% | $72+88.4% |