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| Provider | Service type | Compensation |
|---|---|---|
PCS RETIREMENT, LLC1 year Service code 12 · EIN 23-3038464 | Participant communication; Recordkeep... | $8,213 |
PAYCHEX, INC.3 years Service code 15 · EIN 16-1124166 | Recordkeeping | $2,128 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $52,794 | $84,493-37.5% | $125,381-57.9% | $66,938-21.1% |
| Participation rate | 51.7% | 76.4%-24.7pp | 82.4%-30.7pp | 69.8%-18.1pp |
| Annual return | -15.38% | -8.49%-6.9pp | 572.31%-587.7pp | 1.58%-17.0pp |
| Employer contribution / active EE | $2,788 | $3,554-21.5% | $4,815-42.1% | $2,545+9.5% |
| Participant deferral / active EE | $8,220 | $6,783+21.2% | $7,448+10.4% | $4,238+94.0% |
| Admin fee / account holder | $106 | $685-84.6% | $10,007-98.9% | $594-82.2% |