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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BANK OF AMERICA NA Service code 16 · EIN 13-5674085 | Consulting | $47,879 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $23,550 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $98,724 | $72,639+35.9% | $90,766+8.8% | $66,949+47.5% |
| Participation rate | 74.9% | 73.7%+1.2pp | 75.7%-0.8pp | 69.8%+5.1pp |
| Annual return | -15.03% | -12.28%-2.7pp | -12.16%-2.9pp | 1.57%-16.6pp |
| Employer contribution / active EE | $3,763 | $2,369+58.8% | $2,922+28.8% | $2,545+47.9% |
| Participant deferral / active EE | $6,243 | $3,979+56.9% | $4,565+36.8% | $4,239+47.3% |
| Admin fee / account holder | $303 | $708-57.2% | $8,446-96.4% | $594-49.0% |