Filed January 29, 2020
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| Provider | Service type | Compensation |
|---|---|---|
MCGRIFF INSURANCE SERVICES2 years Filed as: MCGRIFF INSURANCE SERVICES INC Service code 28 · EIN 56-1623293 | Investment Management | $67,914 |
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $47,779 |
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 | $49,938 | $92,090-45.8% | $106,201-53.0% | $77,671-35.7% |
| Participation rate | 88.1% | 81.0%+7.0pp | 75.3%+12.8pp | 70.6%+17.5pp |
| Annual return | 11.84% | 17.89%-6.0pp | 116.26%-104.4pp | 31.21%-19.4pp |
| Employer contribution / active EE | $3,440 | $3,368+2.1% | $3,170+8.5% | $2,726+26.2% |
| Participant deferral / active EE | $4,205 | $5,386-21.9% | $5,012-16.1% | $4,648-9.5% |
| Admin fee / account holder | $185 | $219-15.4% | $11,039-98.3% | $430-56.9% |