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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS2 years Filed as: CAPITAL RESEARCH MANAGEMENT COMPANY Service code 15 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071 | Recordkeeping | $2,545 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $33,487 | $49,138-31.9% | $84,023-60.1% | $65,186-48.6% |
| Participation rate | 35.9% | 60.7%-24.8pp | 69.0%-33.1pp | 70.2%-34.3pp |
| Annual return | 22.40% | 23.00%-0.6pp | 71.32%-48.9pp | 29.39%-7.0pp |
| Employer contribution / active EE | $201 | $914-78.0% | $1,984-89.9% | $2,177-90.8% |
| Participant deferral / active EE | $1,545 | $2,397-35.6% | $3,239-52.3% | $3,514-56.0% |
| Admin fee / account holder | $18 | $543-96.7% | $6,102-99.7% | $847-97.9% |