| Provider | Service type | Compensation |
|---|---|---|
MILLIMAN, INC.8+ years Service code 15 · EIN 91-0675641 | Recordkeeping | $888,731 |
Filed as: INVESTMENT MANAGEMENT CONSULTANTS Service code 28 · EIN 88-0444272 | Investment Management | $150,000 |
CULINARY BARTENDERS UNION5 years Service code 31 · EIN 88-0028065 | Named fiduciary; Direct payment from ... | $33,492 |
MMA SECURITIES LLC7 years Filed as: MARSH & MCLENNAN AGENCY, LLC Service code 23 · EIN 36-1436000 | Direct payment from the plan; Insuran... | $23,730 |
CHARLES SCHWAB & CO., INC.8+ years Service code 19 · EIN 94-1737782 | Securities Custodian | $0 |
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.
Annual investment return 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 | $34,526 | $41,203-16.2% | $61,629-44.0% | $89,433-61.4% |
| Participation rate | 4.1% | 35.4%-31.3pp | 52.6%-48.5pp | 71.3%-67.2pp |
| Annual return | -20.02% | -14.63%-5.4pp | 339.09%-359.1pp | -11.88%-8.1pp |
| Employer contribution / active EE | $0 | $603-100.0% | $1,160-100.0% | $3,021-100.0% |
| Participant deferral / active EE | $167 | $1,367-87.8% | $2,124-92.1% | $5,125-96.7% |
| Admin fee / account holder | $132 | $74+78.9% | $2,132-93.8% | $79+65.8% |