Filed November 9, 2023
Total covered: 18 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-5674085 | Recordkeeping | $30,493 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $119,041 | $176,471-32.5% | $95,968+24.0% | $90,274+31.9% |
| Participation rate | 65.4% | 86.6%-21.1pp | 77.1%-11.7pp | 73.4%-7.9pp |
| Annual return | 12.87% | 20.15%-7.3pp | 91.65%-78.8pp | 53.97%-41.1pp |
| Employer contribution / active EE | $1,921 | $2,783-31.0% | $2,542-24.4% | $2,523-23.9% |
| Participant deferral / active EE | $4,302 | $5,325-19.2% | $4,167+3.2% | $4,231+1.7% |
| Admin fee / account holder | $16 | $154-89.7% | $6,798-99.8% | $114-86.1% |