| Provider | Service type | Compensation |
|---|---|---|
ORIENTAL PENSION CONSULTANTS1+ years Filed as: ORIENTAL GROUP TRUST Service code 14 1900 NW CORPORATE BLVD · BOCA RATON, FL 33431 | Plan Administrator | $27,015 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $14,011 | $33,745-58.5% | $64,101-78.1% | $55,191-74.6% |
| Participation rate | 30.7% | 59.4%-28.6pp | 68.2%-37.5pp | 69.2%-38.4pp |
| Annual return | -0.58% | 4.95%-5.5pp | 791.27%-791.9pp | 10.78%-11.4pp |
| Employer contribution / active EE | $597 | $641-6.8% | $1,820-67.2% | $1,899-68.6% |
| Participant deferral / active EE | $758 | $1,929-60.7% | $2,822-73.1% | $3,046-75.1% |
| Admin fee / account holder | $135 | $94+43.5% | $4,499-97.0% | $91+49.2% |