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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $1,404 |
Filed as: THE PARAGON ALLIANCE GROUP LLC Service code 14 PO BOX 24926 · NEW YORK, NY 100874926 | Plan Administrator | $1,170 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,413 | $102,382-45.9% | $147,005-62.3% | $80,874-31.5% |
| Participation rate | 73.0% | 75.8%-2.8pp | 82.2%-9.1pp | 67.6%+5.4pp |
| Annual return | 13.76% | 134.89%-121.1pp | 418.76%-405.0pp | 35.62%-21.9pp |
| Employer contribution / active EE | $5,315 | $3,715+43.1% | $4,934+7.7% | $2,756+92.9% |
| Participant deferral / active EE | $10,383 | $6,646+56.2% | $8,070+28.7% | $4,297+141.6% |
| Admin fee / account holder | $429 | $7,942-94.6% | $13,006-96.7% | $6,935-93.8% |