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| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES2 years Filed as: JULY BUSINESS SERVICES LLC Service code 13 · EIN 74-2715820 P.O. BOX 2208 · WACO, TX 76703 | Contract Administrator | $36,606 |
DUBUQUE BANK & TRUST COMPANY5 years Service code 26 · EIN 42-0223620 | Advisory (Participants) | $26,687 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $79,146 | $55,470+42.7% | $155,556-49.1% | $74,478+6.3% |
| Participation rate | 59.0% | 61.9%-2.9pp | 78.2%-19.2pp | 67.2%-8.2pp |
| Annual return | 12.75% | 269.80%-257.1pp | 64.84%-52.1pp | 1370.56%-1357.8pp |
| Employer contribution / active EE | $2,051 | $2,267-9.5% | $4,675-56.1% | $2,626-21.9% |
| Participant deferral / active EE | $4,433 | $2,838+56.2% | $5,631-21.3% | $4,350+1.9% |
| Admin fee / account holder | $453 | $1,744-74.0% | $15,885-97.1% | $1,946-76.7% |