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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BANK OF AMERICA NA Service code 27 · EIN 13-5674085 | Advisory (Plan) | $34,838 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $31,608 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,648 | $87,132-23.5% | $105,624-36.9% | $80,959-17.7% |
| Participation rate | 96.8% | 70.4%+26.4pp | 75.3%+21.5pp | 67.7%+29.1pp |
| Annual return | 11.54% | 17.03%-5.5pp | 116.20%-104.7pp | 35.67%-24.1pp |
| Employer contribution / active EE | $5,709 | $2,397+138.2% | $3,168+80.2% | $2,757+107.1% |
| Participant deferral / active EE | $15,086 | $3,985+278.5% | $5,013+201.0% | $4,300+250.8% |
| Admin fee / account holder | $359 | $8,449-95.7% | $10,961-96.7% | $6,925-94.8% |