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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 | $83,575-77.5% | $66,439-71.7% | $65,191-71.2% |
| Participation rate | 94.8% | 71.6%+23.2pp | 74.5%+20.3pp | 63.0%+31.8pp |
| Annual return | 12.12% | 12.38%-0.3pp | 757.66%-745.5pp | 51.24%-39.1pp |
| Employer contribution / active EE | $1,426 | $2,903-50.9% | $2,637-45.9% | $2,400-40.6% |
| Participant deferral / active EE | $1,867 | $3,365-44.5% | $3,876-51.8% | $2,671-30.1% |
| Admin fee / account holder | $81 | $234-65.6% | $6,173-98.7% | $907-91.1% |