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| Provider | Service type | Compensation |
|---|---|---|
HK FINANCIAL SERVICES1+ years Filed as: HONKAMP KRUEGER FINANCIAL SERVICES Service code 15 · EIN 42-1447865 2355 JFK ROAD · DUBUQUE, IA 52001 | Recordkeeping | $12,794 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $5,544 | $43,999-87.4% | $79,467-93.0% | $55,725-90.1% |
| Participation rate | 39.8% | 66.9%-27.1pp | 73.3%-33.5pp | 70.9%-31.0pp |
| Annual return | 0.00% | 1.81%-1.8pp | 718.30%-718.3pp | 244.93%-244.9pp |
| Employer contribution / active EE | $777 | $1,830-57.5% | $2,800-72.3% | $2,078-62.6% |
| Participant deferral / active EE | $1,297 | $2,538-48.9% | $3,704-65.0% | $3,356-61.4% |
| Admin fee / account holder | $10 | $118-91.7% | $5,104-99.8% | $115-91.6% |