Filed January 17, 2023 (most recent of 5 filings on file)
Total covered: 6 employees
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | -$2,012 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $43,225 | $57,606-25.0% | $67,313-35.8% | $75,289-42.6% |
| Participation rate | 12.2% | 68.2%-56.0pp | 69.1%-56.9pp | 72.4%-60.2pp |
| Annual return | -100.74% | -0.47%-100.3pp | -4.08%-96.7pp | -0.04%-100.7pp |
| Employer contribution / active EE | $6,699 | $2,206+203.6% | $2,566+161.1% | $2,405+178.5% |
| Participant deferral / active EE | $2,155 | $3,195-32.5% | $3,568-39.6% | $3,739-42.4% |
| Admin fee / account holder | $59 | $83-28.8% | $4,507-98.7% | $102-42.5% |