Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
MAGII PENSION SERVICES LLC2 years Filed as: MAGII PENSIONSERVICES LLC Service code 13 490 WHEELER RD STE 265 · HAUPPAUGE, NY 117884365 | Contract Administrator | $43,885 |
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $15,701 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,485 | $41,151+59.1% | $80,648-18.8% | $71,529-8.4% |
| Participation rate | 64.4% | 50.2%+14.1pp | 67.0%-2.7pp | 67.9%-3.6pp |
| Annual return | 14.32% | 38.49%-24.2pp | 937.21%-922.9pp | 28.97%-14.7pp |
| Employer contribution / active EE | $2,581 | $1,513+70.6% | $2,724-5.2% | $2,590-0.3% |
| Participant deferral / active EE | $2,186 | $2,700-19.0% | $4,443-50.8% | $4,291-49.1% |
| Admin fee / account holder | $363 | $1,842-80.3% | $5,382-93.2% | $1,588-77.1% |