Filed January 30, 2020 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 06-1050034 | Contract Administrator | $214,018 |
06-10500341 year Service code 16 · EIN 36-4291971 | Consulting | $62,000 |
KPMG LLP1 year Filed as: KPMG, LLP Service code 10 · EIN 13-5565207 | Accounting | $40,500 |
Filed as: KESTRA ADVISORY SERVICES Service code 27 · EIN 35-2552359 | Advisory (Plan) | $8,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,990 | $53,565+23.2% | $172,757-61.8% | $82,204-19.7% |
| Participation rate | 61.3% | 69.6%-8.4pp | 82.6%-21.4pp | 73.4%-12.1pp |
| Annual return | 20.94% | 31.42%-10.5pp | 803.06%-782.1pp | 26.31%-5.4pp |
| Employer contribution / active EE | $1 | $1,857-99.9% | $5,144-100.0% | $2,707-100.0% |
| Participant deferral / active EE | $3,777 | $3,006+25.7% | $5,198-27.3% | $4,246-11.0% |
| Admin fee / account holder | $53 | $61-13.7% | $13,956-99.6% | $76-29.9% |