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| Provider | Service type | Compensation |
|---|---|---|
HOBERMAN & LESSER, LLP1 year Service code 10 · EIN 47-1492235 | Accounting | $15,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $1,694 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $68,936 | $63,924+7.8% | $108,582-36.5% | $55,167+25.0% |
| Participation rate | 62.0% | 74.3%-12.3pp | 79.6%-17.6pp | 69.0%-7.0pp |
| Annual return | 7.02% | 15.31%-8.3pp | -51.70%+58.7pp | 169.23%-162.2pp |
| Employer contribution / active EE | $415 | $1,879-77.9% | $3,758-89.0% | $1,963-78.9% |
| Participant deferral / active EE | $3,359 | $3,067+9.5% | $4,311-22.1% | $3,054+10.0% |
| Admin fee / account holder | $123 | $618-80.1% | $7,645-98.4% | $504-75.6% |