Filed November 9, 2023
Total covered: 18 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-5674085 | Recordkeeping | $25,235 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $131,270 | $144,879-9.4% | $111,319+17.9% | $93,010+41.1% |
| Participation rate | 68.5% | 86.1%-17.6pp | 77.3%-8.8pp | 73.9%-5.4pp |
| Annual return | 12.50% | 18.11%-5.6pp | 54.68%-42.2pp | 158.70%-146.2pp |
| Employer contribution / active EE | $1,973 | $3,052-35.4% | $2,732-27.8% | $2,705-27.1% |
| Participant deferral / active EE | $4,570 | $5,576-18.0% | $4,488+1.8% | $4,561+0.2% |
| Admin fee / account holder | $13 | $104-87.3% | $7,966-99.8% | $152-91.4% |