Filed January 10, 2024
| Provider | Service type | Compensation |
|---|---|---|
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $27,154 |
KPMG LLP2+ years Service code 10 PO BOX 120608 · DALLAS, TX 753120608 | Accounting | $21,600 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $8,335 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,492 | $82,130-13.0% | $453,569-84.2% | $79,395-10.0% |
| Participation rate | 33.7% | 73.4%-39.7pp | 78.0%-44.3pp | 70.7%-37.0pp |
| Annual return | 12.93% | 345.31%-332.4pp | 64.43%-51.5pp | 116.90%-104.0pp |
| Employer contribution / active EE | $1,347 | $2,659-49.3% | $4,072-66.9% | $2,428-44.5% |
| Participant deferral / active EE | $2,592 | $4,314-39.9% | $6,211-58.3% | $4,046-35.9% |
| Admin fee / account holder | $227 | $531-57.3% | $11,214-98.0% | $626-63.8% |