Filed July 19, 2018
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| Provider | Service type | Compensation |
|---|---|---|
STANCORP FINANCIAL GROUP1 year Service code 12 · EIN 93-1253576 | Custodial (other than securities); Cl... | $54,921 |
Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009 | Securities Custodian | $6,784 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $95,460 | $76,551+24.7% | $123,894-23.0% | $62,881+51.8% |
| Participation rate | 79.5% | 73.0%+6.5pp | 81.4%-1.9pp | 69.3%+10.2pp |
| Annual return | 8.66% | 18.68%-10.0pp | 47.52%-38.9pp | 20.14%-11.5pp |
| Employer contribution / active EE | $4,957 | $2,882+72.0% | $4,617+7.4% | $2,281+117.3% |
| Participant deferral / active EE | $10,430 | $4,840+115.5% | $5,984+74.3% | $3,203+225.6% |
| Admin fee / account holder | $507 | $4,826-89.5% | $8,357-93.9% | $4,296-88.2% |