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| Provider | Service type | Compensation |
|---|---|---|
Filed as: AMERICAN UNITED LIFE INSURANCE COMP Service code 15 · EIN 35-0145825 | Recordkeeping | $375 |
Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $20,824 | $71,192-70.7% | $117,861-82.3% | $62,293-66.6% |
| Participation rate | 99.0% | 74.2%+24.8pp | 79.7%+19.3pp | 69.5%+29.5pp |
| Annual return | 16.92% | 18.66%-1.7pp | 335.11%-318.2pp | 28.90%-12.0pp |
| Employer contribution / active EE | $1,100 | $1,934-43.1% | $3,786-71.0% | $2,042-46.2% |
| Participant deferral / active EE | $1,656 | $3,189-48.1% | $4,482-63.0% | $3,169-47.7% |
| Admin fee / account holder | $12 | $587-97.9% | $8,021-99.8% | $479-97.5% |