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| Provider | Service type | Compensation |
|---|---|---|
PEOPLE'S UNITED BANK2 years Service code 13 · EIN 06-1213065 | Contract Administrator | $18,314 |
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 | $24,240 | $28,109-13.8% | $71,089-65.9% | $56,289-56.9% |
| Participation rate | 69.0% | 40.4%+28.6pp | 54.6%+14.3pp | 69.9%-0.9pp |
| Annual return | -5.88% | -615.05%+609.2pp | 650.65%-656.5pp | -9.96%+4.1pp |
| Employer contribution / active EE | $1,288 | $558+130.9% | $1,088+18.4% | $2,111-39.0% |
| Participant deferral / active EE | $2,228 | $1,116+99.7% | $1,873+19.0% | $3,350-33.5% |
| Admin fee / account holder | $180 | $585-69.2% | $3,082-94.2% | $521-65.5% |