Filed May 26, 2015 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $28,296 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 16 · EIN 47-1411118 | Consulting | $18,081 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $70,136 | $54,590+28.5% | $81,716-14.2% | $73,493-4.6% |
| Participation rate | 58.4% | 68.3%-9.9pp | 72.0%-13.6pp | 70.7%-12.3pp |
| Annual return | 12.46% | 17.74%-5.3pp | 29.49%-17.0pp | 28.51%-16.1pp |
| Employer contribution / active EE | $1,675 | $1,636+2.4% | $4,310-61.1% | $2,270-26.2% |
| Participant deferral / active EE | $5,634 | $2,759+104.2% | $7,108-20.7% | $3,740+50.7% |
| Admin fee / account holder | $383 | $592-35.3% | $5,159-92.6% | $513-25.3% |