Filed May 9, 2022 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 13-3689044 | Recordkeeping and information managem... | $103,997 |
BEACON POINTE ADVISORS LLC2 years Service code 16 · EIN 27-0636826 | Consulting | $45,072 |
Filed as: MUTUAL OF AMERICA Service code 12 · EIN 95-1644018 | Recordkeeping and information managem... | $1,575 |
NATIONAL FINANCIAL SERVICES8 years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,176 | $48,744-21.7% | $93,727-59.3% | $200,096-80.9% |
| Participation rate | 38.4% | 63.7%-25.3pp | 68.7%-30.3pp | 72.0%-33.6pp |
| Annual return | 12.64% | 15.36%-2.7pp | 133.83%-121.2pp | 34.26%-21.6pp |
| Employer contribution / active EE | $438 | $1,140-61.6% | $2,421-81.9% | $3,038-85.6% |
| Participant deferral / active EE | $1,030 | $2,825-63.5% | $4,417-76.7% | $5,090-79.8% |
| Admin fee / account holder | $182 | $195-6.9% | $8,292-97.8% | $269-32.5% |