Filed November 25, 2014
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $119,406 |
Filed as: RESOURCES INVESTMENT ADVSRS Service code 26 · EIN 43-1451524 | Advisory (Participants) | $60,000 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $48,314 | $111,491-56.7% | $189,537-74.5% | $86,821-44.4% |
| Participation rate | 97.8% | 87.3%+10.5pp | 87.8%+10.0pp | 72.3%+25.5pp |
| Annual return | 16.59% | 83.50%-66.9pp | 555.34%-538.8pp | 97.94%-81.4pp |
| Employer contribution / active EE | $1,098 | $3,951-72.2% | $6,161-82.2% | $2,406-54.4% |
| Participant deferral / active EE | $8,098 | $6,437+25.8% | $8,220-1.5% | $4,132+96.0% |
| Admin fee / account holder | $72 | $189-61.8% | $12,048-99.4% | $170-57.4% |