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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 | $102,429-45.9% | $147,096-62.3% | $80,925-31.5% |
| Participation rate | 73.0% | 75.9%-2.8pp | 82.2%-9.2pp | 67.7%+5.4pp |
| Annual return | 13.76% | 135.02%-121.3pp | 419.75%-406.0pp | 35.65%-21.9pp |
| Employer contribution / active EE | $5,315 | $3,716+43.0% | $4,936+7.7% | $2,756+92.8% |
| Participant deferral / active EE | $10,383 | $6,649+56.2% | $8,071+28.6% | $4,299+141.5% |
| Admin fee / account holder | $429 | $7,957-94.6% | $13,005-96.7% | $6,940-93.8% |