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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $34,955 |
SKYOAK WEALTH LLC1 year Service code 27 · EIN 83-0960582 | Advisory (Plan) | $13,383 |
BKS ADVISORS LLC3 years Filed as: BKS ADVISORS LL Service code 26 · EIN 38-3540855 | Advisory (Participants) | $9,734 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $13,516 | $40,113-66.3% | $84,021-83.9% | $77,775-82.6% |
| Participation rate | 22.1% | 62.8%-40.7pp | 69.0%-46.9pp | 73.2%-51.1pp |
| Annual return | 25.67% | 23.27%+2.4pp | 71.32%-45.6pp | 32.58%-6.9pp |
| Employer contribution / active EE | $275 | $847-67.6% | $1,984-86.1% | $2,504-89.0% |
| Participant deferral / active EE | $754 | $2,030-62.9% | $3,239-76.7% | $3,966-81.0% |
| Admin fee / account holder | $81 | $92-11.8% | $6,102-98.7% | $100-19.3% |