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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $75 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $16,576 | $55,449-70.1% | $83,850-80.2% | $56,287-70.6% |
| Participation rate | 33.3% | 68.0%-34.7pp | 76.1%-42.8pp | 69.9%-36.5pp |
| Annual return | -6.44% | -1.38%-5.1pp | 850.92%-857.4pp | -9.96%+3.5pp |
| Employer contribution / active EE | $818 | $2,430-66.3% | $3,631-77.5% | $2,111-61.2% |
| Participant deferral / active EE | $1,473 | $2,935-49.8% | $4,082-63.9% | $3,350-56.0% |
| Admin fee / account holder | $80 | $656-87.7% | $5,478-98.5% | $521-84.6% |