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| Provider | Service type | Compensation |
|---|---|---|
FRANKLIN BANK2 years Service code 19 · EIN 61-0547583 | Securities Custodian | $26,635 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $25,747 |
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 | $72,102 | $55,457+30.0% | $76,119-5.3% | $77,736-7.2% |
| Participation rate | 39.6% | 63.6%-24.0pp | 69.1%-29.5pp | 70.6%-31.0pp |
| Annual return | 12.49% | 17.09%-4.6pp | 361.25%-348.8pp | 31.26%-18.8pp |
| Employer contribution / active EE | $957 | $1,792-46.6% | $2,693-64.4% | $2,728-64.9% |
| Participant deferral / active EE | $2,563 | $3,454-25.8% | $4,259-39.8% | $4,651-44.9% |
| Admin fee / account holder | $323 | $411-21.3% | $6,421-95.0% | $433-25.4% |