Filed December 2, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $22,829 |
MORNINGSTAR6+ years Service code 26 · EIN 36-4317381 | Advisory (Participants) | $20,930 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $59,856 | $82,093-27.1% | $379,746-84.2% | $73,412-18.5% |
| Participation rate | 92.9% | 76.8%+16.1pp | 78.4%+14.5pp | 72.2%+20.8pp |
| Annual return | 21.13% | 18.89%+2.2pp | 34.90%-13.8pp | 59.30%-38.2pp |
| Employer contribution / active EE | $1,312 | $2,847-53.9% | $3,540-62.9% | $2,234-41.3% |
| Participant deferral / active EE | $5,438 | $4,697+15.8% | $6,024-9.7% | $3,806+42.9% |
| Admin fee / account holder | $25 | $128-80.4% | $7,927-99.7% | $158-84.1% |