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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $27,914 |
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).
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 | $23,055 | $89,739-74.3% | $149,716-84.6% | $62,293-63.0% |
| Participation rate | 100.0% | 85.1%+14.9pp | 87.1%+12.9pp | 69.5%+30.5pp |
| Annual return | 18.02% | 21.01%-3.0pp | 1501.67%-1483.6pp | 28.90%-10.9pp |
| Employer contribution / active EE | $1,601 | $3,233-50.5% | $5,444-70.6% | $2,042-21.6% |
| Participant deferral / active EE | $3,296 | $4,797-31.3% | $6,568-49.8% | $3,169+4.0% |
| Admin fee / account holder | $115 | $551-79.1% | $11,282-99.0% | $479-76.0% |