Filed February 1, 2022 (most recent of 3 filings on file)
Total covered: 140 employees
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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287 | Directed Trustee | $320,059 |
RBC WEALTH MANAGEMENT4 years Filed as: RBC CAPITAL MARKETS LLC Service code 27 60 S 6TH STREET · MINNEAPOLIS, MN 55402 | Advisory (Plan) | $300,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $62,691 | $53,531+17.1% | $86,251-27.3% | $96,393-35.0% |
| Participation rate | 49.6% | 53.4%-3.8pp | 69.0%-19.3pp | 71.3%-21.7pp |
| Annual return | 15.99% | 20.51%-4.5pp | 1170.54%-1154.5pp | 22.88%-6.9pp |
| Employer contribution / active EE | $370 | $1,158-68.1% | $2,381-84.5% | $3,239-88.6% |
| Participant deferral / active EE | $1,574 | $1,965-19.9% | $3,987-60.5% | $5,455-71.1% |
| Admin fee / account holder | $14 | $55-74.7% | $6,857-99.8% | $74-81.0% |