Filed June 1, 2023
| Provider | Service type | Compensation |
|---|---|---|
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $182,876 |
MMA SECURITIES LLC5 years Filed as: MMA SECURITIES Service code 27 · EIN 22-3570392 | Advisory (Plan) | $39,255 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,319 | $136,853-91.7% | $130,298-91.3% | $80,187-85.9% |
| Participation rate | 93.1% | 81.6%+11.5pp | 76.3%+16.9pp | 72.9%+20.2pp |
| Annual return | 17.02% | 22.66%-5.6pp | 38.90%-21.9pp | 40.40%-23.4pp |
| Employer contribution / active EE | $4,144 | $3,395+22.1% | $4,128+0.4% | $2,980+39.1% |
| Participant deferral / active EE | $0 | $5,856-100.0% | $6,790-100.0% | $5,016-100.0% |
| Admin fee / account holder | $84 | $184-54.3% | $6,025-98.6% | $145-42.0% |