Filed June 8, 2023
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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.2 years Filed as: VANGUARD ADVISERS INC. Service code 26 · EIN 23-2811930 | Advisory (Participants) | $162,283 |
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930 | Recordkeeping | $143,312 |
TROUTMAN SANDERS LLP1 year Filed as: TROUTMAN PEPPER HAMILTON SANDERS LL Service code 16 · EIN 58-0946915 | Consulting | $18,603 |
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 | $152,392 | $148,970+2.3% | $133,698+14.0% | $200,096-23.8% |
| Participation rate | 97.3% | 79.4%+17.9pp | 76.4%+20.8pp | 72.0%+25.2pp |
| Annual return | 18.17% | 27.07%-8.9pp | 580.90%-562.7pp | 34.26%-16.1pp |
| Employer contribution / active EE | $4,734 | $3,561+32.9% | $4,218+12.2% | $3,038+55.8% |
| Participant deferral / active EE | $7,357 | $6,140+19.8% | $7,016+4.9% | $5,090+44.6% |
| Admin fee / account holder | $126 | $144-12.3% | $6,703-98.1% | $269-53.1% |