Filed August 4, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $30,511 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $197 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $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 | $80,940 | $56,540+43.2% | $185,849-56.4% | $86,821-6.8% |
| Participation rate | 93.3% | 65.5%+27.8pp | 81.7%+11.6pp | 72.3%+21.0pp |
| Annual return | 15.47% | 118.20%-102.7pp | 122.10%-106.6pp | 97.94%-82.5pp |
| Employer contribution / active EE | $2,892 | $1,844+56.8% | $5,169-44.0% | $2,406+20.2% |
| Participant deferral / active EE | $5,249 | $2,555+105.4% | $5,569-5.7% | $4,132+27.1% |
| Admin fee / account holder | $120 | $150-19.9% | $16,244-99.3% | $170-29.3% |