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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $83,269 |
Service code 10 · EIN 46-1947751 | Accounting | $15,150 |
THE BENEFIT PRACTICE3 years Service code 15 · EIN 13-4144565 | Recordkeeping | $2,662 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,486 | $66,528-1.6% | $86,874-24.6% | $86,799-24.6% |
| Participation rate | 56.9% | 72.4%-15.4pp | 71.6%-14.7pp | 72.3%-15.4pp |
| Annual return | 11.63% | 19.56%-7.9pp | 63.52%-51.9pp | 97.91%-86.3pp |
| Employer contribution / active EE | $1,372 | $2,007-31.6% | $2,495-45.0% | $2,405-43.0% |
| Participant deferral / active EE | $3,332 | $3,240+2.8% | $3,699-9.9% | $4,131-19.3% |
| Admin fee / account holder | $296 | $148+100.1% | $5,828-94.9% | $170+74.8% |