Filed August 3, 2020
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| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.4 years Service code 26 · EIN 04-2654524 | Advisory (Participants) | $132,323 |
Service code 37 · EIN 04-2647786 | Loan Processing | $125,404 |
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 | $157,225 | $139,767+12.5% | $153,741+2.3% | $200,096-21.4% |
| Participation rate | 99.5% | 85.1%+14.4pp | 77.1%+22.4pp | 72.0%+27.5pp |
| Annual return | 17.65% | 20.59%-2.9pp | 15.71%+1.9pp | 34.26%-16.6pp |
| Employer contribution / active EE | $18,074 | $6,517+177.3% | $5,042+258.5% | $3,038+495.0% |
| Participant deferral / active EE | $11,473 | $8,055+42.4% | $6,757+69.8% | $5,090+125.4% |
| Admin fee / account holder | $151 | $98+53.8% | $12,749-98.8% | $269-44.1% |