Filed August 24, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 | Distribution (12b-1) fees; Float reve... | $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 | $79,045-46.1% | $100,378-57.6% | $74,429-42.8% |
| Participation rate | 98.8% | 79.4%+19.4pp | 81.5%+17.3pp | 67.2%+31.6pp |
| Annual return | 19.30% | 20.61%-1.3pp | 49.41%-30.1pp | 1368.38%-1349.1pp |
| Employer contribution / active EE | $2,488 | $3,015-17.5% | $3,942-36.9% | $2,625-5.2% |
| Participant deferral / active EE | $5,449 | $7,751-29.7% | $8,087-32.6% | $4,348+25.3% |
| Admin fee / account holder | $92 | $1,335-93.1% | $7,899-98.8% | $1,944-95.3% |