Filed August 3, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $116,936 |
STRATEGIC ADVISORS, INC.2 years Service code 26 · EIN 04-2654524 | Advisory (Participants) | $93,701 |
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 | $113,027 | $108,592+4.1% | $129,118-12.5% | $77,906+45.1% |
| Participation rate | 99.9% | 84.8%+15.1pp | 77.2%+22.7pp | 73.7%+26.2pp |
| Annual return | -16.63% | -13.72%-2.9pp | -10.94%-5.7pp | 12.16%-28.8pp |
| Employer contribution / active EE | $18,304 | $5,713+220.4% | $5,051+262.3% | $2,846+543.1% |
| Participant deferral / active EE | $10,817 | $7,051+53.4% | $6,539+65.4% | $4,805+125.1% |
| Admin fee / account holder | $159 | $91+74.3% | $14,305-98.9% | $133+20.1% |