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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $433 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $17,957 | $36,767-51.2% | $81,473-78.0% | $62,293-71.2% |
| Participation rate | 15.8% | 54.4%-38.7pp | 68.0%-52.2pp | 69.5%-53.8pp |
| Annual return | 21.67% | 173.80%-152.1pp | 38.78%-17.1pp | 28.90%-7.2pp |
| Employer contribution / active EE | $75 | $1,128-93.4% | $2,568-97.1% | $2,042-96.3% |
| Participant deferral / active EE | $1,128 | $2,111-46.5% | $3,537-68.1% | $3,169-64.4% |
| Admin fee / account holder | $37 | $797-95.3% | $4,561-99.2% | $479-92.2% |