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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC6+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 200 DRYDEN ROAD · DRESHER, PA 19025 | Recordkeeping | $13,121 |
OAKMONT CAPITAL MANAGEMENT6+ years Filed as: OAKMONT CAPITAL MGMT Service code 26 · EIN 48-1263655 | Advisory (Participants) | $12,000 |
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).
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 | $19,378 | $58,895-67.1% | $178,503-89.1% | $73,497-73.6% |
| Participation rate | 82.7% | 66.2%+16.5pp | 81.9%+0.8pp | 70.7%+12.1pp |
| Annual return | 11.03% | 24.86%-13.8pp | 151.12%-140.1pp | 28.51%-17.5pp |
| Employer contribution / active EE | $197 | $2,236-91.2% | $5,011-96.1% | $2,270-91.3% |
| Participant deferral / active EE | $2,187 | $2,567-14.8% | $5,202-58.0% | $3,740-41.5% |
| Admin fee / account holder | $132 | $400-67.2% | $13,987-99.1% | $513-74.4% |