Filed January 30, 2020 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 06-1050034 | Contract Administrator | $370,994 |
LUTZ & COMPANY, PC1 year Service code 10 · EIN 47-0625816 | Accounting | $24,000 |
Filed as: GALLAGHER BENEFIT SERVICES, INC. Service code 27 · EIN 36-4291971 | Advisory (Plan) | $9,700 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $68,245 | $52,346+30.4% | $143,801-52.5% | $78,104-12.6% |
| Participation rate | 66.4% | 72.7%-6.3pp | 80.3%-13.9pp | 74.5%-8.1pp |
| Annual return | -16.47% | -14.19%-2.3pp | -0.04%-16.4pp | 10.90%-27.4pp |
| Employer contribution / active EE | $0 | $2,131-100.0% | $4,952-100.0% | $3,128-100.0% |
| Participant deferral / active EE | $5,238 | $3,800+37.8% | $5,639-7.1% | $5,089+2.9% |
| Admin fee / account holder | $54 | $63-15.1% | $14,680-99.6% | $79-31.8% |