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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754 | Recordkeeping | $11,580 |
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).
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 | $25,119 | $58,587-57.1% | $83,322-69.9% | $64,173-60.9% |
| Participation rate | 61.7% | 72.0%-10.4pp | 77.8%-16.1pp | 69.6%-7.9pp |
| Annual return | -6.91% | 9.65%-16.6pp | 10.64%-17.5pp | 7.63%-14.5pp |
| Employer contribution / active EE | $2,280 | $2,098+8.7% | $3,379-32.5% | $2,381-4.2% |
| Participant deferral / active EE | $5,152 | $4,654+10.7% | $5,565-7.4% | $3,470+48.5% |
| Admin fee / account holder | $160 | $9,279-98.3% | $7,540-97.9% | $4,887-96.7% |