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| Provider | Service type | Compensation |
|---|---|---|
PEOPLE'S UNITED BANK1 year Service code 13 · EIN 06-1213065 | Contract Administrator | $13,469 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,694 | $51,244-51.8% | $80,977-69.5% | $55,167-55.2% |
| Participation rate | 46.7% | 71.7%-25.0pp | 75.8%-29.1pp | 69.0%-22.3pp |
| Annual return | 7.23% | 17.39%-10.2pp | 17.11%-9.9pp | 169.23%-162.0pp |
| Employer contribution / active EE | $1,111 | $1,770-37.3% | $3,715-70.1% | $1,963-43.4% |
| Participant deferral / active EE | $2,131 | $4,418-51.8% | $5,696-62.6% | $3,054-30.2% |
| Admin fee / account holder | $245 | $398-38.5% | $5,517-95.6% | $504-51.4% |