| Provider | Service type | Compensation |
|---|---|---|
MILLIMAN, INC.5+ years Service code 15 · EIN 91-0675641 | Recordkeeping | $931,188 |
Filed as: WESTERN ALLIANCE BANK Service code 21 · EIN 47-0887231 | Bank Trustee | $164,196 |
Filed as: INVESTMENT MANAGEMENT CONSULTANTS Service code 28 · EIN 88-0444272 | Investment Management | $103,282 |
CULINARY BARTENDERS UNION2 years Service code 31 · EIN 88-0028065 | Direct payment from the plan; Named f... | $66,126 |
MMA SECURITIES LLC4 years Filed as: MARSH & MCLENNAN AGENCY, LLC Service code 23 · EIN 36-1436000 | Insurance services; Direct payment fr... | $19,434 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $33,837 | $43,471-22.2% | $74,725-54.7% | $89,609-62.2% |
| Participation rate | 5.3% | 36.3%-31.0pp | 54.5%-49.2pp | 69.6%-64.3pp |
| Annual return | 21.58% | 24.97%-3.4pp | 753.24%-731.7pp | 33.65%-12.1pp |
| Employer contribution / active EE | $0 | $554-100.0% | $1,084-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $196 | $1,177-83.3% | $1,961-90.0% | $4,222-95.4% |
| Admin fee / account holder | $173 | $74+134.7% | $3,335-94.8% | $72+142.0% |