Filed January 17, 2020 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 13-3689044 | Direct payment from the plan; Partici... | $382,769 |
Filed as: KESTRA ADVISORY SERVICES LLC Service code 16 · EIN 87-0462192 | Consulting | $124,000 |
Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $23,654 | $109,303-78.4% | $69,480-66.0% | $82,204-71.2% |
| Participation rate | 100.0% | 74.9%+25.1pp | 74.6%+25.4pp | 73.4%+26.6pp |
| Annual return | 25.80% | 20.08%+5.7pp | 28.99%-3.2pp | 26.31%-0.5pp |
| Employer contribution / active EE | $2,687 | $5,149-47.8% | $2,780-3.4% | $2,707-0.8% |
| Participant deferral / active EE | $2,725 | $4,210-35.3% | $3,537-22.9% | $4,246-35.8% |
| Admin fee / account holder | $57 | $29+94.1% | $3,840-98.5% | $76-25.1% |