Filed June 6, 2022
| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.3+ years Filed as: VANGUARD ADVISERS INC. Service code 26 · EIN 23-2811930 | Advisory (Participants) | $651,291 |
THE VANGUARD GROUP, INC.3+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $116,271 |
AON CONSULTING3+ years Filed as: AON INVESTMENTS USA INC Service code 16 · EIN 36-3109431 | Consulting | $77,738 |
Filed as: HAM, LANGSTON & BREZINA LLP Service code 16 · EIN 76-0448495 | Consulting | $56,735 |
Service code 99 | Other Fees | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $535,799 | $89,588+498.1% | $133,698+300.8% | $77,762+589.0% |
| Participation rate | 99.9% | 74.3%+25.6pp | 76.4%+23.5pp | 70.6%+29.3pp |
| Annual return | 14.23% | 17.42%-3.2pp | 580.90%-566.7pp | 31.27%-17.0pp |
| Employer contribution / active EE | $35,984 | $3,491+930.8% | $4,218+753.2% | $2,728+1219.0% |
| Participant deferral / active EE | $19,603 | $5,592+250.6% | $7,016+179.4% | $4,651+321.5% |
| Admin fee / account holder | $398 | $539-26.1% | $6,703-94.1% | $433-8.0% |