Filed August 30, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $80,907 |
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $10,839 |
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 | $91,755 | $33,232+176.1% | $71,796+27.8% | $63,975+43.4% |
| Participation rate | 97.6% | 60.1%+37.5pp | 69.1%+28.5pp | 71.1%+26.5pp |
| Annual return | 7.41% | 11.99%-4.6pp | 78.04%-70.6pp | 48.65%-41.2pp |
| Employer contribution / active EE | $4,235 | $723+485.8% | $1,924+120.1% | $2,182+94.1% |
| Participant deferral / active EE | $3,998 | $1,604+149.2% | $2,794+43.1% | $3,356+19.1% |
| Admin fee / account holder | $65 | $63+1.9% | $4,815-98.7% | $70-8.2% |