Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
REDHAWK WEALTH ADVISORS1+ years Filed as: REDHAWK WEALTH ADVISORS INC Service code 27 7400 METRO BLVD, SUITE 400 · MINNEAPOLIS, MN 55439 | Advisory (Plan) | $86,322 |
FUTUREBENEFITS OF AMERICA1+ years Service code 13 · EIN 62-1751967 11121 HWY 70 SUITE 201 · ARLINGTON, TN 38002 | Contract Administrator | $68,615 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $39,391 | $88,324-55.4% | $115,037-65.8% | $55,191-28.6% |
| Participation rate | 56.8% | 72.5%-15.7pp | 81.4%-24.5pp | 69.2%-12.3pp |
| Annual return | -3.73% | 6.30%-10.0pp | 26.14%-29.9pp | 10.78%-14.5pp |
| Employer contribution / active EE | $1,278 | $2,805-54.4% | $4,608-72.3% | $1,899-32.7% |
| Participant deferral / active EE | $2,732 | $5,042-45.8% | $6,026-54.7% | $3,046-10.3% |
| Admin fee / account holder | $338 | $105+220.3% | $8,175-95.9% | $91+271.8% |