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| Provider | Service type | Compensation |
|---|---|---|
COMERICA BANK3+ years Filed as: COMERICA SECURITIES Service code 16 · EIN 38-2621207 | Consulting | $50,000 |
EISNERAMPER LLP3+ years Filed as: HOLTHOUSE CARLIN & VAN TRIGHT Service code 10 · EIN 95-4345526 | Accounting | $15,965 |
O'MELVENY & MYERS LLP2 years Filed as: O'MELVENY AND MYERS Service code 29 · EIN 95-1066597 | Legal | $12,710 |
Service code 37 · EIN 04-2647786 | Loan Processing | $3,079 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported that benefits due were not provided when due.
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 | $118,630 | $68,544+73.1% | $115,752+2.5% | $69,634+70.4% |
| Participation rate | 67.1% | 74.0%-6.9pp | 77.8%-10.7pp | 70.7%-3.6pp |
| Annual return | 18.73% | 20.97%-2.2pp | 19.41%-0.7pp | 27572.26%-27553.5pp |
| Employer contribution / active EE | $2,702 | $2,400+12.6% | $3,492-22.6% | $2,032+32.9% |
| Participant deferral / active EE | $7,822 | $3,887+101.2% | $5,204+50.3% | $3,224+142.6% |
| Admin fee / account holder | $42 | $90-53.6% | $6,278-99.3% | $110-62.0% |