Filed June 1, 2023
| Provider | Service type | Compensation |
|---|---|---|
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $164,261 |
MMA SECURITIES LLC2 years Filed as: MMA SECURITIES Service code 27 · EIN 22-3570392 | Advisory (Plan) | $27,880 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $8,598 | $143,525-94.0% | $379,746-97.7% | $90,274-90.5% |
| Participation rate | 95.2% | 82.9%+12.3pp | 78.4%+16.8pp | 73.4%+21.9pp |
| Annual return | 13.59% | 18.97%-5.4pp | 34.90%-21.3pp | 53.97%-40.4pp |
| Employer contribution / active EE | $3,603 | $3,201+12.6% | $3,540+1.8% | $2,523+42.8% |
| Participant deferral / active EE | $0 | $5,231-100.0% | $6,024-100.0% | $4,231-100.0% |
| Admin fee / account holder | $80 | $100-20.0% | $7,927-99.0% | $114-29.6% |