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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 47-0098400 | Direct payment from the plan; Claims ... | $11,841 |
THE NORDEN GROUP3 years Service code 26 · EIN 83-1089834 | Advisory (Participants) | $6,899 |
Filed as: HEALTHEQUITY RETIREMENT SERVICES, L Service code 12 · EIN 82-1222973 | Investment advisory (plan); Claims pr... | $5,428 |
MATRIX TRUST COMPANY4 years Service code 19 · EIN 75-3182674 | Securities Custodian | $435 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,634 | $61,391-79.4% | $149,723-91.6% | $71,529-82.3% |
| Participation rate | 89.7% | 62.5%+27.1pp | 78.8%+10.9pp | 67.9%+21.7pp |
| Annual return | 17.99% | 35.88%-17.9pp | 134.50%-116.5pp | 28.97%-11.0pp |
| Employer contribution / active EE | $1,083 | $2,384-54.6% | $4,821-77.5% | $2,590-58.2% |
| Participant deferral / active EE | $2,191 | $2,921-25.0% | $5,682-61.4% | $4,291-48.9% |
| Admin fee / account holder | $132 | $1,264-89.6% | $13,215-99.0% | $1,588-91.7% |