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| Provider | Service type | Compensation |
|---|---|---|
DUBUQUE BANK & TRUST COMPANY2 years Service code 15 · EIN 42-0223620 | Recordkeeping | $29,603 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,494 | $78,423+0.1% | $95,964-18.2% | $79,856-1.7% |
| Participation rate | 52.3% | 73.5%-21.2pp | 77.1%-24.8pp | 69.6%-17.3pp |
| Annual return | 15.36% | 19.37%-4.0pp | 91.64%-76.3pp | 31.71%-16.3pp |
| Employer contribution / active EE | $0 | $1,945-100.0% | $2,541-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $1,683 | $3,440-51.1% | $4,167-59.6% | $3,741-55.0% |
| Admin fee / account holder | $380 | $5,622-93.2% | $6,797-94.4% | $5,306-92.8% |