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| Provider | Service type | Compensation |
|---|---|---|
Filed as: NANAVATY, NANAVATY & DAVENPORT LLP Service code 10 123 SOUTH MAIN STREET · NEWTON, CT 06470 | Accounting | $15,500 |
ALERUS FINANCIAL, N.A.2+ years Filed as: ALERUS REVENUE Service code 15 · EIN 45-6062081 | Recordkeeping | $14,781 |
THE ANGELL PENSION GROUP, INC.2+ years Service code 14 · EIN 04-2530412 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914 | Plan Administrator | $3,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $71,069 | $30,599+132.3% | $74,577-4.7% | $57,658+23.3% |
| Participation rate | 66.4% | 49.1%+17.3pp | 68.1%-1.7pp | 70.2%-3.8pp |
| Annual return | 8.31% | 14.24%-5.9pp | 20.47%-12.2pp | 5.13%+3.2pp |
| Employer contribution / active EE | $2,039 | $1,000+104.0% | $2,525-19.3% | $1,974+3.3% |
| Participant deferral / active EE | $5,147 | $1,805+185.1% | $3,458+48.8% | $3,061+68.2% |
| Admin fee / account holder | $108 | $98+10.1% | $4,138-97.4% | $95+14.2% |