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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $6,182 |
HSBC SECURITIES (USA) INC.2+ years Filed as: HSBC SECURITIES (USA) INC Service code 61 251 MAIN ST BLDG 1 FL 1 · BUFFALO, NY 14203 | Finders' fees / placement fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $75,886 | $32,425+134.0% | $74,577+1.8% | $55,167+37.6% |
| Participation rate | 21.7% | 54.0%-32.3pp | 68.1%-46.4pp | 69.0%-47.3pp |
| Annual return | 7.23% | 10.63%-3.4pp | 20.47%-13.2pp | 169.23%-162.0pp |
| Employer contribution / active EE | $3,726 | $1,043+257.1% | $2,525+47.6% | $1,963+89.8% |
| Participant deferral / active EE | $309 | $1,995-84.5% | $3,458-91.1% | $3,054-89.9% |
| Admin fee / account holder | $72 | $748-90.4% | $4,138-98.3% | $504-85.7% |