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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS5 years Filed as: HM CAPITAL MANAGEMENT Service code 15 · EIN 20-3287389 | Recordkeeping | $31,717 |
Service code 15 · EIN 43-0831507 | Recordkeeping | $20,010 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $2,890 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $60,699 | $99,957-39.3% | $149,730-59.5% | $73,493-17.4% |
| Participation rate | 55.8% | 75.7%-19.9pp | 82.5%-26.6pp | 70.7%-14.8pp |
| Annual return | 15.22% | 53.87%-38.6pp | 276.70%-261.5pp | 28.51%-13.3pp |
| Employer contribution / active EE | $2,354 | $3,191-26.2% | $4,645-49.3% | $2,270+3.7% |
| Participant deferral / active EE | $5,056 | $6,073-16.7% | $6,843-26.1% | $3,740+35.2% |
| Admin fee / account holder | $346 | $551-37.2% | $9,310-96.3% | $513-32.6% |