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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.1 year Service code 64 · EIN 23-1945930 | Recordkeeping Fees | $39,184 |
UNITED BENEFIT PENSIONS INC.6 years Filed as: UNITED BENEFIT PENSIONS INC Service code 13 · EIN 36-4517541 175 BROADHOLLOW RD STE 160 · MELVILLE, NY 11747 | Contract Administrator | $19,779 |
Service code 27 255 EXECUTIVE DRIVE SUITE 409 · PLAINVIEW, NY 11803 | Advisory (Plan) | $16,500 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE Service code 64 · EIN 93-1225432 COMPANY OF NY · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $235 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,774 | $86,795-78.4% | $67,681-72.3% | $64,728-71.0% |
| Participation rate | 94.8% | 71.7%+23.1pp | 73.7%+21.0pp | 57.9%+36.9pp |
| Annual return | 12.12% | 12.58%-0.5pp | 590.58%-578.5pp | 49.38%-37.3pp |
| Employer contribution / active EE | $1,426 | $2,837-49.7% | $2,678-46.8% | $2,243-36.4% |
| Participant deferral / active EE | $1,867 | $3,430-45.6% | $3,976-53.0% | $2,729-31.6% |
| Admin fee / account holder | $81 | $238-66.2% | $6,100-98.7% | $1,145-93.0% |