Filed February 3, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $552,080 |
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $38,649 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $28,744 | $57,458-50.0% | $95,763-70.0% | $96,393-70.2% |
| Participation rate | 35.6% | 47.9%-12.4pp | 72.3%-36.7pp | 71.3%-35.7pp |
| Annual return | 35.15% | 17.80%+17.3pp | 28.43%+6.7pp | 22.88%+12.3pp |
| Employer contribution / active EE | $807 | $1,155-30.1% | $2,836-71.5% | $3,239-75.1% |
| Participant deferral / active EE | $2,678 | $2,443+9.6% | $4,244-36.9% | $5,455-50.9% |
| Admin fee / account holder | $72 | $61+19.3% | $5,669-98.7% | $74-2.2% |