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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TEACHERS INSURACE AND ANNUITY ASSOC Service code 13 · EIN 13-1624203 | Contract Administrator | $59,097 |
CAPFINANCIAL PARTNERS LLC2 years Filed as: CAPFINANCIAL PARTNERS. LLC26-005814 Service code 13 ATTN FINANCE DEPT 4208 SIX FORKS RD · RALEIGH, NC 270695734 | Contract Administrator | $6,377 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $1,975,090 | $43,999+4389.0% | $79,466+2385.4% | $55,725+3444.4% |
| Participation rate | 0.0% | 66.9%-66.9pp | 73.3%-73.3pp | 70.9%-70.9pp |
| Annual return | -0.35% | 1.81%-2.2pp | 718.28%-718.6pp | 244.93%-245.3pp |
| Employer contribution / active EE | $672 | $1,830-63.3% | $2,800-76.0% | $2,078-67.7% |
| Participant deferral / active EE | $2,383 | $2,538-6.1% | $3,704-35.6% | $3,356-29.0% |
| Admin fee / account holder | $5,456 | $118+4541.3% | $5,104+6.9% | $115+4637.1% |