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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754 | Recordkeeping | $1,159 |
BB&T1 year Service code 50 · EIN 56-1368984 | Direct Payment | $220 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,673 | $70,879+9.6% | $189,597-59.0% | $79,389-2.2% |
| Participation rate | 69.4% | 68.0%+1.4pp | 78.4%-9.1pp | 70.7%-1.3pp |
| Annual return | 15.71% | 20.70%-5.0pp | 64.20%-48.5pp | 116.89%-101.2pp |
| Employer contribution / active EE | $1,989 | $1,806+10.1% | $4,412-54.9% | $2,428-18.1% |
| Participant deferral / active EE | $3,519 | $4,081-13.8% | $6,174-43.0% | $4,046-13.0% |
| Admin fee / account holder | $8 | $647-98.7% | $9,807-99.9% | $626-98.7% |