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| Provider | Service type | Compensation |
|---|---|---|
Filed as: AVANTAX PLANNING PARTNERS Service code 12 3200 OLYMPUS BLVD, SUITE 100 · DALLAS, TX 75019 | Recordkeeping and information managem... | $67,761 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,661 | $45,109-27.6% | $85,240-61.7% | $77,762-58.0% |
| Participation rate | 39.7% | 48.7%-8.9pp | 67.5%-27.8pp | 70.6%-30.9pp |
| Annual return | 26.49% | 79.55%-53.1pp | 66.75%-40.3pp | 31.27%-4.8pp |
| Employer contribution / active EE | $971 | $1,602-39.4% | $2,735-64.5% | $2,728-64.4% |
| Participant deferral / active EE | $1,864 | $2,814-33.7% | $4,527-58.8% | $4,651-59.9% |
| Admin fee / account holder | $258 | $915-71.8% | $6,165-95.8% | $433-40.5% |