| Provider | Service type | Compensation |
|---|---|---|
CAPFINANCIAL PARTNERS LLC1+ years Filed as: CAPTRUST Service code 70 · EIN 26-0058143 | Consulting Fees | $83,400 |
Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085 | Recordkeeping | $31,335 |
BKD, LLP1+ years Filed as: DIXON HUGHES GOODMAN LLP Service code 10 · EIN 56-0747891 | Accounting | $19,500 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $63,583 | $86,791-26.7% | $115,038-44.7% | $59,188+7.4% |
| Participation rate | 86.6% | 72.8%+13.8pp | 81.4%+5.3pp | 69.4%+17.2pp |
| Annual return | 1.51% | 4.44%-2.9pp | 26.14%-24.6pp | 5.51%-4.0pp |
| Employer contribution / active EE | $2,271 | $2,950-23.0% | $4,608-50.7% | $2,098+8.2% |
| Participant deferral / active EE | $6,392 | $5,298+20.6% | $6,026+6.1% | $3,265+95.8% |
| Admin fee / account holder | $466 | $95+390.9% | $8,175-94.3% | $92+405.4% |