Filed December 19, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 35-1140070 | Contract Administrator | $3,041 |
Service code 13 · EIN 68-0005849 | Contract Administrator | $1,508 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,942 | $62,603-60.2% | $104,294-76.1% | $66,914-62.7% |
| Participation rate | 86.0% | 59.6%+26.4pp | 73.3%+12.7pp | 69.8%+16.2pp |
| Annual return | -16.74% | -14.70%-2.0pp | 24.61%-41.4pp | 1.58%-18.3pp |
| Employer contribution / active EE | $747 | $1,972-62.1% | $3,372-77.9% | $2,544-70.6% |
| Participant deferral / active EE | $3,959 | $2,853+38.8% | $4,625-14.4% | $4,237-6.6% |
| Admin fee / account holder | $21 | $656-96.8% | $7,339-99.7% | $593-96.5% |