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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.1 year Service code 15 · EIN 23-1945930 | Recordkeeping | $598 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,437 | $27,641-22.4% | $61,373-65.1% | $68,494-68.7% |
| Participation rate | 20.6% | 39.5%-18.9pp | 52.6%-31.9pp | 67.9%-47.3pp |
| Annual return | -21.09% | -13.24%-7.8pp | 338.61%-359.7pp | -7.84%-13.2pp |
| Employer contribution / active EE | $129 | $695-81.5% | $1,159-88.9% | $2,596-95.0% |
| Participant deferral / active EE | $552 | $1,263-56.3% | $2,125-74.0% | $4,027-86.3% |
| Admin fee / account holder | $141 | $2,010-93.0% | $2,130-93.4% | $5,403-97.4% |