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| Provider | Service type | Compensation |
|---|---|---|
PEOPLE'S UNITED BANK1 year Service code 13 · EIN 06-1213065 | Contract Administrator | $11,142 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $80,257 | $47,448+69.1% | $94,993-15.5% | $62,293+28.8% |
| Participation rate | 43.7% | 66.5%-22.8pp | 73.9%-30.2pp | 69.5%-25.8pp |
| Annual return | 19.41% | 22.64%-3.2pp | 27.14%-7.7pp | 28.90%-9.5pp |
| Employer contribution / active EE | $954 | $1,300-26.6% | $2,603-63.4% | $2,042-53.3% |
| Participant deferral / active EE | $1,704 | $2,375-28.2% | $3,317-48.6% | $3,169-46.2% |
| Admin fee / account holder | $195 | $434-55.0% | $4,960-96.1% | $479-59.2% |