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| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES2 years Filed as: JULY BUSINESS SERVICES 401(K) PLAN Service code 15 · EIN 74-2715820 | Recordkeeping | $16,780 |
Service code 26 3524 COMMERCE PARKWAY · WOOSTER, OH 44691 | Advisory (Participants) | $10,874 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,298 | $69,848-59.5% | $115,756-75.6% | $66,930-57.7% |
| Participation rate | 67.6% | 70.6%-3.1pp | 77.1%-9.5pp | 69.8%-2.2pp |
| Annual return | -15.83% | 969.66%-985.5pp | 143.14%-159.0pp | 1.57%-17.4pp |
| Employer contribution / active EE | $1,117 | $2,613-57.3% | $3,793-70.6% | $2,545-56.1% |
| Participant deferral / active EE | $1,887 | $4,274-55.9% | $6,254-69.8% | $4,238-55.5% |
| Admin fee / account holder | $191 | $337-43.4% | $8,124-97.7% | $593-67.9% |