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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIRST REPUBLIC INVESTMENT MANAGE Service code 26 · EIN 22-3623353 | Advisory (Participants) | $38,186 |
Service code 37 · EIN 04-2647786 | Loan Processing | $22,344 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $119,913 | $79,694+50.5% | $96,192+24.7% | $79,389+51.0% |
| Participation rate | 83.4% | 54.0%+29.4pp | 68.4%+15.0pp | 70.7%+12.7pp |
| Annual return | 16.43% | 40.84%-24.4pp | 192.09%-175.7pp | 116.89%-100.5pp |
| Employer contribution / active EE | $4,563 | $1,443+216.2% | $2,799+63.0% | $2,428+88.0% |
| Participant deferral / active EE | $9,609 | $2,539+278.5% | $4,351+120.8% | $4,046+137.5% |
| Admin fee / account holder | $310 | $630-50.7% | $5,539-94.4% | $626-50.4% |