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| Provider | Service type | Compensation |
|---|---|---|
UNITED OF OMAHA2 years Service code 15 · EIN 47-0322111 | Recordkeeping | $4,413 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,853 | $82,882-73.6% | $127,803-82.9% | $72,975-70.1% |
| Participation rate | 67.8% | 71.5%-3.7pp | 79.0%-11.2pp | 69.5%-1.7pp |
| Annual return | 22.32% | 32.20%-9.9pp | 26.14%-3.8pp | 81.01%-58.7pp |
| Employer contribution / active EE | $1,789 | $3,346-46.6% | $4,576-60.9% | $2,440-26.7% |
| Participant deferral / active EE | $2,950 | $4,791-38.4% | $6,023-51.0% | $3,608-18.2% |
| Admin fee / account holder | $69 | $6,487-98.9% | $9,399-99.3% | $5,124-98.7% |