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| Provider | Service type | Compensation |
|---|---|---|
THE BENEFIT PRACTICE1+ years Service code 15 · EIN 13-4144565 | Recordkeeping | $10,780 |
Service code 15 · EIN 04-1590850 | Recordkeeping | $581 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $34,592 | $54,320-36.3% | $67,652-48.9% | $52,331-33.9% |
| Participation rate | 73.6% | 73.6%0pp | 75.7%-2.1pp | 68.1%+5.5pp |
| Annual return | 0.10% | 6.81%-6.7pp | 6625.40%-6625.3pp | 4.54%-4.4pp |
| Employer contribution / active EE | $645 | $1,544-58.2% | $2,266-71.5% | $1,882-65.7% |
| Participant deferral / active EE | $3,111 | $2,950+5.4% | $3,560-12.6% | $3,022+2.9% |
| Admin fee / account holder | $74 | $527-85.9% | $4,821-98.5% | $592-87.4% |