| Provider | Service type | Compensation |
|---|---|---|
DUMONT, MORRIS AND BURKE, PC5+ years Service code 29 · EIN 54-2087269 | Legal | $50,130 |
Filed as: BENEFIT PLAN ADMIN SERVICES Service code 12 · EIN 16-1503696 | Claims processing; Participant loan p... | $34,255 |
ATLAS FINANCIAL GROUP, LLC5+ years Service code 14 · EIN 02-0521107 | Plan Administrator | $17,710 |
D'ARCANGELO & CO., LLP5+ years Service code 10 · EIN 13-2550103 | Accounting | $12,510 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,830 | $103,282-90.5% | $81,370-87.9% | $99,313-90.1% |
| Participation rate | 79.4% | 73.2%+6.1pp | 69.5%+9.8pp | 71.7%+7.6pp |
| Annual return | 14.65% | 15.11%-0.5pp | 24.85%-10.2pp | 17.67%-3.0pp |
| Employer contribution / active EE | $844 | $3,061-72.4% | $2,464-65.8% | $3,264-74.1% |
| Participant deferral / active EE | $415 | $4,549-90.9% | $3,885-89.3% | $5,346-92.2% |
| Admin fee / account holder | $30 | $78-62.0% | $5,749-99.5% | $109-72.7% |