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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 13-3689044 | Participant loan processing; Float re... | $102,980 |
Filed as: AMERPRISE FINANCIAL SERVICES, INC. Service code 16 | Consulting | $86,029 |
HARVEY & MARTIN PLLC2 years Service code 10 · EIN 83-2002817 | Accounting | $15,500 |
Filed as: AMERIPRISE FINANCIAL SERVICES, INC. Service code 16 50085 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474 | Consulting | $0 |
NATIONAL FINANCIAL SERVICES7 years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
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 | $220,879 | $84,493+161.4% | $125,381+76.2% | $66,938+230.0% |
| Participation rate | 98.5% | 76.4%+22.1pp | 82.4%+16.1pp | 69.8%+28.7pp |
| Annual return | -16.12% | -8.49%-7.6pp | 572.31%-588.4pp | 1.58%-17.7pp |
| Employer contribution / active EE | $7,092 | $3,554+99.6% | $4,815+47.3% | $2,545+178.6% |
| Participant deferral / active EE | $11,385 | $6,783+67.8% | $7,448+52.9% | $4,238+168.6% |
| Admin fee / account holder | $685 | $6850% | $10,007-93.2% | $594+15.4% |