Filed December 8, 2016
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| Provider | Service type | Compensation |
|---|---|---|
HIGHTOWER ADVISORS LLC2 years Filed as: HIGHTOWER SECURITIES, LLC Service code 27 · EIN 36-4454225 | Advisory (Plan) | $20,791 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $10,807 |
PENSION ASSURANCE LLP3 years Filed as: PENSION SPECIALISTS LTD Service code 49 | Other Services | $4,633 |
PENSION ASSURANCE LLP3 years Filed as: PENSION SPECIALISTS Service code 49 · EIN 36-3592542 | Other Services | $3,894 |
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 | $22,085 | $65,960-66.5% | $81,882-73.0% | $77,762-71.6% |
| Participation rate | 98.6% | 65.8%+32.9pp | 72.4%+26.2pp | 70.6%+28.0pp |
| Annual return | 14.29% | 26.64%-12.3pp | 779.47%-765.2pp | 31.27%-17.0pp |
| Employer contribution / active EE | $651 | $2,375-72.6% | $2,916-77.7% | $2,728-76.1% |
| Participant deferral / active EE | $3,546 | $3,505+1.2% | $4,323-18.0% | $4,651-23.8% |
| Admin fee / account holder | $222 | $526-57.9% | $7,360-97.0% | $433-48.8% |