Filed December 18, 2018
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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.1 year Service code 15 · EIN 23-1945930 | Recordkeeping | $15,354 |
Filed as: GLOBAL RETIREMENT PARTNERS Service code 27 4340 REDWOOD HIGHWAY · SAN RAFAEL, CA 94903 | Advisory (Plan) | $12,631 |
Filed as: FIDUCIARY OUTSOURCING LLC Service code 27 · EIN 47-2079321 | Advisory (Plan) | $7,000 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,364 | $52,406-53.5% | $129,207-81.1% | $74,495-67.3% |
| Participation rate | 89.1% | 53.8%+35.3pp | 69.6%+19.5pp | 67.2%+21.9pp |
| Annual return | 12.81% | 15.66%-2.8pp | 9417.33%-9404.5pp | 1364.94%-1352.1pp |
| Employer contribution / active EE | $1,674 | $1,531+9.4% | $4,153-59.7% | $2,623-36.2% |
| Participant deferral / active EE | $2,049 | $2,794-26.7% | $4,168-50.8% | $4,346-52.9% |
| Admin fee / account holder | $275 | $2,633-89.5% | $7,715-96.4% | $1,942-85.8% |