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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 35-0472300 PO BOX 7877 · FORT WAYNE, IN 46802 | Recordkeeping | $55,379 |
COMPASS 360, LLC1 year Service code 14 · EIN 81-1939215 118 PORTSMOUTH AVE ST A2 · STRATHAM, NH 03885 | Plan Administrator | $24,510 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $122,220 | $52,961+130.8% | $172,752-29.3% | $65,185+87.5% |
| Participation rate | 51.3% | 66.2%-14.9pp | 82.6%-31.4pp | 70.2%-18.9pp |
| Annual return | 20.65% | 30.12%-9.5pp | 802.97%-782.3pp | 29.38%-8.7pp |
| Employer contribution / active EE | $0 | $2,190-100.0% | $5,144-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $2,599 | $2,471+5.2% | $5,198-50.0% | $3,514-26.0% |
| Admin fee / account holder | $758 | $472+60.5% | $13,955-94.6% | $847-10.6% |