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| Provider | Service type | Compensation |
|---|---|---|
Filed as: CREATIVE PENSION CONSULTANTS Service code 13 433 NEW KARNER ROAD · ALBANY, NY 122053809 | Contract Administrator | $8,995 |
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $987 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $36,818 | $63,114-41.7% | $92,915-60.4% | $65,186-43.5% |
| Participation rate | 47.3% | 68.8%-21.5pp | 76.0%-28.7pp | 70.2%-22.9pp |
| Annual return | 17.98% | 28.75%-10.8pp | 109.45%-91.5pp | 29.39%-11.4pp |
| Employer contribution / active EE | $799 | $2,571-68.9% | $3,653-78.1% | $2,177-63.3% |
| Participant deferral / active EE | $2,200 | $3,108-29.2% | $4,238-48.1% | $3,514-37.4% |
| Admin fee / account holder | $21 | $624-96.6% | $5,796-99.6% | $847-97.5% |