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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 11101 SWITZER RD STE 200 · OVERLAND PARK, KS 66210 | Advisory (Plan) | $20,534 |
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERV Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $8,244 |
ASCENSUS LLC3 years Filed as: FUTUREPLAN BY ASCENSUS Service code 13 415 8TH AVE NE · BRAINERD, MN 56401 | Contract Administrator | $2,850 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,025 | $64,176-42.3% | $112,249-67.0% | $66,938-44.7% |
| Participation rate | 0.0% | 68.4%-68.4pp | 75.1%-75.1pp | 69.8%-69.8pp |
| Annual return | -15.15% | -13.80%-1.4pp | 27.48%-42.6pp | 1.58%-16.7pp |
| Employer contribution / active EE | $4,669 | $3,007+55.3% | $3,636+28.4% | $2,545+83.4% |
| Participant deferral / active EE | $5,163 | $3,694+39.8% | $4,729+9.2% | $4,238+21.8% |
| Admin fee / account holder | $118 | $626-81.2% | $6,412-98.2% | $594-80.2% |