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| Provider | Service type | Compensation |
|---|---|---|
FREED MAXICK CPAS PC4 years Filed as: FREED MAXICK CPAS, P.C. Service code 10 · EIN 45-4051133 | Accounting | $9,000 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $2,761 |
Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $24,252 | $72,492-66.5% | $87,104-72.2% | $72,975-66.8% |
| Participation rate | 81.7% | 72.8%+8.9pp | 76.9%+4.8pp | 69.5%+12.2pp |
| Annual return | 19.98% | 24.46%-4.5pp | 28.19%-8.2pp | 81.01%-61.0pp |
| Employer contribution / active EE | $766 | $1,894-59.6% | $2,521-69.6% | $2,440-68.6% |
| Participant deferral / active EE | $2,659 | $3,270-18.7% | $4,048-34.3% | $3,608-26.3% |
| Admin fee / account holder | $82 | $5,055-98.4% | $7,491-98.9% | $5,124-98.4% |