Filed December 31, 2018
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| Provider | Service type | Compensation |
|---|---|---|
COMERICA BANK2 years Filed as: COMERICA SECURITIES Service code 49 · EIN 38-2621207 | Other Services | $6,921 |
COMERICA BANK3+ years Filed as: COMERICA INSURANCE SERVICES INC Service code 49 · EIN 38-3063147 | Other Services | $3,684 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,369 |
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 | $50,961 | $69,305-26.5% | $82,312-38.1% | $69,631-26.8% |
| Participation rate | 90.4% | 80.3%+10.1pp | 76.9%+13.5pp | 70.7%+19.7pp |
| Annual return | 22.27% | 21.47%+0.8pp | 25.88%-3.6pp | 27571.02%-27548.8pp |
| Employer contribution / active EE | $3,197 | $1,887+69.4% | $2,428+31.6% | $2,032+57.3% |
| Participant deferral / active EE | $7,130 | $3,568+99.8% | $3,706+92.4% | $3,224+121.2% |
| Admin fee / account holder | $5 | $97-95.3% | $5,608-99.9% | $110-95.9% |