Filed August 24, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 | Investment management; Direct payment... | $17,933 |
NATIONAL FINANCIAL SERVICES2 years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
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 | $42,583 | $79,169-46.2% | $100,415-57.6% | $74,478-42.8% |
| Participation rate | 98.8% | 79.4%+19.4pp | 81.5%+17.3pp | 67.2%+31.6pp |
| Annual return | 19.30% | 20.51%-1.2pp | 49.47%-30.2pp | 1370.56%-1351.3pp |
| Employer contribution / active EE | $2,488 | $3,017-17.5% | $3,943-36.9% | $2,626-5.2% |
| Participant deferral / active EE | $5,449 | $7,751-29.7% | $8,091-32.7% | $4,350+25.3% |
| Admin fee / account holder | $92 | $1,337-93.1% | $7,906-98.8% | $1,946-95.3% |