Filed October 25, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 48-1205033 | Recordkeeping | $14,555 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,083 | $91,439-87.9% | $135,974-91.8% | $71,511-84.5% |
| Participation rate | 86.0% | 75.7%+10.4pp | 81.9%+4.1pp | 67.9%+18.1pp |
| Annual return | 29.05% | 29.90%-0.8pp | 68.30%-39.3pp | 28.86%+0.2pp |
| Employer contribution / active EE | $2,197 | $3,705-40.7% | $4,859-54.8% | $2,589-15.1% |
| Participant deferral / active EE | $4,761 | $7,093-32.9% | $7,760-38.6% | $4,291+11.0% |
| Admin fee / account holder | $70 | $1,267-94.5% | $10,767-99.3% | $1,588-95.6% |