Filed August 24, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 | Float revenue; Shareholder servicing ... | $14,818 |
Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $35,485 | $69,511-49.0% | $94,672-62.5% | $71,529-50.4% |
| Participation rate | 79.9% | 78.4%+1.5pp | 80.8%-1.0pp | 67.9%+11.9pp |
| Annual return | 20.92% | 29.67%-8.8pp | 156.89%-136.0pp | 28.97%-8.1pp |
| Employer contribution / active EE | $750 | $2,853-73.7% | $3,673-79.6% | $2,590-71.0% |
| Participant deferral / active EE | $3,964 | $7,348-46.0% | $7,417-46.6% | $4,291-7.6% |
| Admin fee / account holder | $81 | $1,211-93.3% | $7,222-98.9% | $1,588-94.9% |