Filed September 30, 2020
| Provider | Service type | Compensation |
|---|---|---|
ALIGHT SOLUTIONS LLC8 years Service code 15 · EIN 82-1061233 | Recordkeeping | $28,100 |
Filed as: FIDELITY INVESTMENTS Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $2,225 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $665,135 | $95,216+598.6% | $256,809+159.0% | $95,216+598.6% |
| Participation rate | 99.5% | 86.5%+13.1pp | 88.5%+11.0pp | 86.5%+13.1pp |
| Annual return | 15.61% | 11.45%+4.2pp | 32.73%-17.1pp | 11.45%+4.2pp |
| Employer contribution / active EE | $26,412 | $4,418+497.8% | $7,263+263.7% | $4,418+497.8% |
| Participant deferral / active EE | $11,252 | $4,181+169.1% | $9,520+18.2% | $4,181+169.1% |
| Admin fee / account holder | $0 | $189-99.9% | $25,146-100.0% | $189-99.9% |