Filed September 25, 2024 (most recent of 5 filings on file)
Total covered: 882 employees
| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.2+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $20,093 |
ERNST & YOUNG LLP2+ years Filed as: ERNST & YOUNG US LLP Service code 10 · EIN 34-6565596 | Accounting | $10,809 |
IVINS, PHILLIPS & BARKER2+ years Service code 29 · EIN 52-1229560 | Legal | $5,182 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,477 | $105,209-59.6% | $159,495-73.4% | $85,852-50.5% |
| Participation rate | 90.4% | 75.8%+14.6pp | 82.8%+7.6pp | 69.3%+21.1pp |
| Annual return | 8.11% | 45.08%-37.0pp | 263.72%-255.6pp | 318.66%-310.5pp |
| Employer contribution / active EE | $181 | $3,319-94.6% | $4,831-96.3% | $2,566-93.0% |
| Participant deferral / active EE | $2,618 | $5,946-56.0% | $7,354-64.4% | $3,952-33.8% |
| Admin fee / account holder | $334 | $6,935-95.2% | $10,804-96.9% | $6,261-94.7% |