Filed August 3, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $119,931 |
STRATEGIC ADVISORS, INC.3 years Service code 26 · EIN 04-2654524 | Advisory (Participants) | $94,763 |
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 | $135,450 | $126,111+7.4% | $142,562-5.0% | $80,187+68.9% |
| Participation rate | 99.9% | 87.5%+12.4pp | 76.8%+23.2pp | 72.9%+27.0pp |
| Annual return | 25.88% | 23.39%+2.5pp | 20.13%+5.8pp | 40.40%-14.5pp |
| Employer contribution / active EE | $17,899 | $6,430+178.4% | $4,841+269.7% | $2,980+500.7% |
| Participant deferral / active EE | $10,869 | $7,822+38.9% | $6,280+73.1% | $5,016+116.7% |
| Admin fee / account holder | $139 | $92+50.1% | $10,012-98.6% | $145-4.4% |