Filed September 18, 2018
| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 15 · EIN 84-0467907 | Recordkeeping | $1,238,901 |
Filed as: ADVISED ASSETS GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $363,487 |
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO., INC Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $27,868 |
STRATOS WEALTH PARTNERS3+ years Filed as: STRATOS WEALTH PARTNERS LTD Service code 26 · EIN 27-5273468 | Advisory (Participants) | $21,409 |
Service code 59 | Shareholder Servicing | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $65,671 | $136,209-51.8% | $82,312-20.2% | $80,976-18.9% |
| Participation rate | 97.6% | 88.0%+9.6pp | 76.9%+20.7pp | 68.3%+29.4pp |
| Annual return | 22.17% | 21.54%+0.6pp | 25.88%-3.7pp | 22.91%-0.7pp |
| Employer contribution / active EE | $3,553 | $3,633-2.2% | $2,428+46.3% | $2,402+47.9% |
| Participant deferral / active EE | $6,488 | $6,693-3.1% | $3,706+75.1% | $3,848+68.6% |
| Admin fee / account holder | $15 | $62-76.0% | $5,608-99.7% | $67-77.8% |