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| Provider | Service type | Compensation |
|---|---|---|
PEOPLE'S UNITED BANK2+ years Service code 13 · EIN 06-1213065 2 BURLINGTON SQUARE · BURLINGTON, VT 05402 | Contract Administrator | $13,711 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $20,824 | $42,546-51.1% | $71,796-71.0% | $55,167-62.3% |
| Participation rate | 43.5% | 59.1%-15.6pp | 69.1%-25.6pp | 69.0%-25.4pp |
| Annual return | 6.93% | 12.36%-5.4pp | 78.04%-71.1pp | 169.23%-162.3pp |
| Employer contribution / active EE | $472 | $803-41.3% | $1,924-75.5% | $1,963-76.0% |
| Participant deferral / active EE | $768 | $2,064-62.8% | $2,794-72.5% | $3,054-74.8% |
| Admin fee / account holder | $193 | $650-70.3% | $4,815-96.0% | $504-61.7% |