Filed November 1, 2022 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS FINANCIAL Service code 27 · EIN 13-2638166 | Advisory (Plan) | $506,915 |
Filed as: BRANDYWINE ASSET MANAGEMENT Service code 28 · EIN 51-0294065 | Investment Management | $50,657 |
Filed as: PATTISON PENSION SPECIALISTS Service code 14 · EIN 85-0437924 | Plan Administrator | $30,875 |
MOSS ADAMS LLP2+ years Service code 10 · EIN 91-0189318 | Accounting | $30,559 |
Service code 29 4155 MONTGOMERY BLVD NE · ALBUQUERQUE, NM 87109 | Legal | $12,359 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $438,917 | $75,183+483.8% | $123,894+254.3% | $55,167+695.6% |
| Participation rate | 100.0% | 72.8%+27.2pp | 81.4%+18.6pp | 69.0%+31.0pp |
| Annual return | 5.64% | 19.01%-13.4pp | 47.52%-41.9pp | 169.23%-163.6pp |
| Employer contribution / active EE | $10,018 | $2,823+254.8% | $4,617+117.0% | $1,963+410.5% |
| Participant deferral / active EE | $9,561 | $5,084+88.0% | $5,984+59.8% | $3,054+213.0% |
| Admin fee / account holder | $3,417 | $663+415.8% | $8,357-59.1% | $504+578.1% |