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| Provider | Service type | Compensation |
|---|---|---|
FINANCIAL ENGINES1 year Filed as: EDELMAN FINANCIAL ENGINES, LLC Service code 13 · EIN 94-3250323 | Contract Administrator | $224,984 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $227,278 | $55,446+309.9% | $155,574+46.1% | $74,429+205.4% |
| Participation rate | 89.5% | 61.9%+27.6pp | 78.2%+11.3pp | 67.2%+22.3pp |
| Annual return | 11.00% | 269.20%-258.2pp | 64.87%-53.9pp | 1368.38%-1357.4pp |
| Employer contribution / active EE | $10,439 | $2,266+360.6% | $4,676+123.2% | $2,625+297.7% |
| Participant deferral / active EE | $7,486 | $2,836+164.0% | $5,629+33.0% | $4,348+72.2% |
| Admin fee / account holder | $707 | $1,743-59.4% | $15,914-95.6% | $1,944-63.6% |