Filed February 3, 2021
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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930 | Recordkeeping | $1,186,267 |
Service code 16 · EIN 33-0818667 | Consulting | $60,000 |
MAYER HOFFMAN MCCANN P.C.4+ years Service code 10 · EIN 43-1947695 | Accounting | $21,500 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $80,995 | $71,505+13.3% | $123,553-34.4% | $73,367+10.4% |
| Participation rate | 98.8% | 64.9%+33.9pp | 82.3%+16.5pp | 69.5%+29.4pp |
| Annual return | -4.10% | 6.94%-11.0pp | 119.21%-123.3pp | 173.45%-177.6pp |
| Employer contribution / active EE | $2,604 | $2,011+29.5% | $4,628-43.7% | $2,499+4.2% |
| Participant deferral / active EE | $8,170 | $4,928+65.8% | $6,426+27.1% | $4,033+102.6% |
| Admin fee / account holder | $77 | $66+16.3% | $9,284-99.2% | $68+12.1% |