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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 16-1450952 | Recordkeeping | $25,749 |
Filed as: KERBER, ECK & BRAECKEL, LLP Service code 10 · EIN 43-0352985 | Accounting | $9,500 |
Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $82,171 | $63,365+29.7% | $91,994-10.7% | $72,976+12.6% |
| Participation rate | 87.3% | 72.5%+14.8pp | 78.6%+8.7pp | 69.5%+17.9pp |
| Annual return | 18.31% | 35.35%-17.0pp | 69.04%-50.7pp | 81.02%-62.7pp |
| Employer contribution / active EE | $1,505 | $2,116-28.9% | $3,453-56.4% | $2,440-38.3% |
| Participant deferral / active EE | $5,848 | $4,883+19.7% | $5,924-1.3% | $3,608+62.1% |
| Admin fee / account holder | $415 | $4,670-91.1% | $7,744-94.6% | $5,124-91.9% |