Filed October 4, 2021
Total covered: 0 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 84-0467907 | Recordkeeping | $41,420 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $32,695 | $144,879-77.4% | $111,306-70.6% | $93,010-64.8% |
| Participation rate | 99.0% | 86.1%+12.8pp | 77.3%+21.7pp | 73.9%+25.1pp |
| Annual return | 0.00% | 18.11%-18.1pp | 54.67%-54.7pp | 158.70%-158.7pp |
| Employer contribution / active EE | $2,514 | $3,052-17.6% | $2,732-8.0% | $2,705-7.1% |
| Participant deferral / active EE | $2,352 | $5,576-57.8% | $4,488-47.6% | $4,561-48.4% |
| Admin fee / account holder | $16 | $104-84.4% | $7,966-99.8% | $152-89.4% |