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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $137,953 |
WELLS FARGO BANK, N.A.4 years Service code 15 · EIN 94-1347393 | Recordkeeping | $87,384 |
NFP RETIREMENT INC1 year Filed as: NFP Service code 27 · EIN 33-0509143 | Advisory (Plan) | $73,467 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,516 | $62,943-64.2% | $142,898-84.2% | $93,010-75.8% |
| Participation rate | 83.1% | 63.3%+19.8pp | 72.0%+11.2pp | 73.9%+9.2pp |
| Annual return | 17.08% | 16.28%+0.8pp | 5639.64%-5622.6pp | 158.70%-141.6pp |
| Employer contribution / active EE | $1,350 | $1,374-1.7% | $4,146-67.4% | $2,705-50.1% |
| Participant deferral / active EE | $2,282 | $2,841-19.7% | $3,838-40.5% | $4,561-50.0% |
| Admin fee / account holder | $105 | $103+2.5% | $6,560-98.4% | $152-30.6% |