Filed January 30, 2020 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 06-1050034 | Contract Administrator | $382,976 |
Filed as: GALLAGHER BENEFIT SERVICES, INC. Service code 16 · EIN 36-4291971 | Consulting | $69,750 |
LUTZ & COMPANY, PC2 years Service code 10 · EIN 47-0625816 | Accounting | $23,500 |
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 | $81,287 | $59,312+37.1% | $149,740-45.7% | $103,657-21.6% |
| Participation rate | 66.1% | 70.3%-4.1pp | 78.8%-12.6pp | 73.4%-7.2pp |
| Annual return | 20.98% | 78.03%-57.0pp | 134.51%-113.5pp | 33.13%-12.1pp |
| Employer contribution / active EE | $0 | $2,187-100.0% | $4,821-100.0% | $3,216-100.0% |
| Participant deferral / active EE | $5,400 | $3,719+45.2% | $5,683-5.0% | $5,218+3.5% |
| Admin fee / account holder | $60 | $103-41.7% | $13,222-99.5% | $114-47.6% |