| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIDELITY MANAGEMENT Service code 13 · EIN 04-6568107 | Contract Administrator | $809,470 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $493,710 | $54,281+809.5% | $60,547+715.4% | $59,188+734.1% |
| Participation rate | 99.2% | 66.8%+32.4pp | 68.0%+31.3pp | 69.4%+29.8pp |
| Annual return | -0.46% | 1.74%-2.2pp | 335.64%-336.1pp | 5.51%-6.0pp |
| Employer contribution / active EE | $26,554 | $2,031+1207.2% | $2,419+997.6% | $2,098+1165.7% |
| Participant deferral / active EE | $558 | $2,789-80.0% | $3,328-83.2% | $3,265-82.9% |
| Admin fee / account holder | $308 | $64+377.0% | $4,536-93.2% | $92+233.6% |