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| Provider | Service type | Compensation |
|---|---|---|
WITHUMSMITH+BROWN, PC1 year Filed as: WITHUM AUDIT TAX ADVISORY Service code 10 · EIN 22-2027092 | Accounting | $15,496 |
BB&T2 years Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $3,383 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $29,823 | $49,138-39.3% | $84,021-64.5% | $65,185-54.2% |
| Participation rate | 27.2% | 60.7%-33.6pp | 69.0%-41.8pp | 70.2%-43.0pp |
| Annual return | 21.09% | 23.00%-1.9pp | 71.32%-50.2pp | 29.38%-8.3pp |
| Employer contribution / active EE | $235 | $914-74.3% | $1,984-88.1% | $2,177-89.2% |
| Participant deferral / active EE | $1,364 | $2,397-43.1% | $3,239-57.9% | $3,514-61.2% |
| Admin fee / account holder | $285 | $543-47.5% | $6,102-95.3% | $847-66.3% |