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; Finders... | $557,644 |
Filed as: KESTRA ADVISORY SERVICES LLC Service code 16 · EIN 87-0462192 | Consulting | $286,250 |
MAYER HOFFMAN MCCANN P.C.2 years Service code 10 · EIN 43-1947695 | Accounting | $20,475 |
NATIONAL FINANCIAL SERVICES3 years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,702 | $127,246-73.5% | $75,728-55.5% | $101,555-66.8% |
| Participation rate | 100.0% | 76.6%+23.4pp | 74.8%+25.2pp | 74.5%+25.5pp |
| Annual return | 16.24% | 14.35%+1.9pp | 104.66%-88.4pp | 21.00%-4.8pp |
| Employer contribution / active EE | $3,336 | $4,333-23.0% | $2,743+21.6% | $2,972+12.2% |
| Participant deferral / active EE | $3,681 | $4,639-20.6% | $3,820-3.6% | $4,874-24.5% |
| Admin fee / account holder | $81 | $42+96.2% | $3,620-97.8% | $139-41.6% |