Filed November 20, 2019
| Provider | Service type | Compensation |
|---|---|---|
BOKF, NA9+ years Service code 25 P.O. BOX 880 · TULSA, OK 74101 | Directed Trustee | $14,683 |
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.
Employer 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.
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 | $26,687 | $106,994-75.1% | $135,998-80.4% | $96,393-72.3% |
| Participation rate | 0.0% | 72.5%-72.5pp | 81.9%-81.9pp | 71.3%-71.3pp |
| Annual return | 17.34% | 26.64%-9.3pp | 68.37%-51.0pp | 22.88%-5.5pp |
| Employer contribution / active EE | $0 | $3,391-100.0% | $4,860-100.0% | $3,239-100.0% |
| Participant deferral / active EE | $1 | $7,968-100.0% | $7,761-100.0% | $5,455-100.0% |
| Admin fee / account holder | $170 | $79+115.2% | $10,769-98.4% | $74+130.2% |