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| Provider | Service type | Compensation |
|---|---|---|
GRIMES & COMPANY, INC.2 years Filed as: GRIMES & COMPANY Service code 26 110 TURNPIKE RD #100 · WESTBOROUGH, MA 01581 | Advisory (Participants) | $16,388 |
Service code 13 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914 | Contract Administrator | $3,550 |
AMERICAN FUNDS6 years Filed as: CAPITAL RESEARCH MANAGEMENT COMPANY Service code 15 333 SOUTH HOPE STREET 55TH FLOOR · LOS ANGELES, CA 90071 | Recordkeeping | $2,400 |
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 | $34,575 | $53,165-35.0% | $86,216-59.9% | $74,460-53.6% |
| Participation rate | 44.0% | 64.9%-20.8pp | 69.0%-24.9pp | 70.7%-26.7pp |
| Annual return | 20.45% | 22.64%-2.2pp | 1169.42%-1149.0pp | 34.38%-13.9pp |
| Employer contribution / active EE | $321 | $1,210-73.5% | $2,382-86.5% | $2,638-87.8% |
| Participant deferral / active EE | $2,557 | $3,234-21.0% | $3,986-35.9% | $4,530-43.6% |
| Admin fee / account holder | $95 | $551-82.8% | $6,853-98.6% | $348-72.7% |