Filed June 11, 2024 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 13-3689044 | Recordkeeping fees; Float revenue; Pa... | $98,199 |
BKD, LLP6 years Filed as: DIXON HUGHES GOODMAN Service code 10 · EIN 56-0747981 | Accounting | $33,200 |
PLANNING CORP OF AMERICA5 years Filed as: PLANNING SOLUTIONS GROUP Service code 16 · EIN 92-0042738 | Consulting | $20,000 |
NATIONAL FINANCIAL SERVICES7+ years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $28,120 | $120,450-76.7% | $159,495-82.4% | $93,010-69.8% |
| Participation rate | 97.5% | 78.0%+19.5pp | 82.8%+14.7pp | 73.9%+23.6pp |
| Annual return | 25.08% | 27.11%-2.0pp | 263.72%-238.6pp | 158.70%-133.6pp |
| Employer contribution / active EE | $1,889 | $3,526-46.4% | $4,831-60.9% | $2,705-30.2% |
| Participant deferral / active EE | $5,648 | $7,283-22.5% | $7,354-23.2% | $4,561+23.8% |
| Admin fee / account holder | $68 | $137-50.2% | $10,804-99.4% | $152-55.1% |