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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 93-1225432 | Recordkeeping | $10,279 |
TMI CPA, P.C.2 years Service code 10 · EIN 47-2426908 | Accounting | $8,000 |
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.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $86,860 | $71,878+20.8% | $86,698+0.2% | $68,486+26.8% |
| Participation rate | 56.2% | 72.2%-16.1pp | 76.6%-20.4pp | 67.9%-11.7pp |
| Annual return | -13.09% | 3.53%-16.6pp | 35.95%-49.0pp | -7.85%-5.2pp |
| Employer contribution / active EE | $2,598 | $2,173+19.6% | $2,837-8.4% | $2,597+0.1% |
| Participant deferral / active EE | $3,568 | $3,779-5.6% | $4,656-23.4% | $4,028-11.4% |
| Admin fee / account holder | $356 | $6,113-94.2% | $7,493-95.2% | $5,404-93.4% |