| Provider | Service type | Compensation |
|---|---|---|
DUMONT, MORRIS AND BURKE, PC1+ years Service code 29 · EIN 54-2087269 | Legal | $39,712 |
ATLAS FINANCIAL GROUP, LLC1+ years Service code 14 · EIN 02-0521107 | Plan Administrator | $28,500 |
Filed as: BENEFIT PLAN ADMIN SERVICES Service code 12 · EIN 16-1503696 | Participant loan processing; Recordke... | $15,279 |
D'ARCANGELO & CO., LLP1+ years Service code 10 · EIN 13-2550103 | Accounting | $8,900 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
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 | $15,187 | $72,066-78.9% | $81,726-81.4% | $90,274-83.2% |
| Participation rate | 65.4% | 78.9%-13.5pp | 72.0%-6.6pp | 73.4%-7.9pp |
| Annual return | 17.32% | 15.92%+1.4pp | 29.49%-12.2pp | 53.97%-36.7pp |
| Employer contribution / active EE | $511 | $2,335-78.1% | $4,311-88.1% | $2,523-79.7% |
| Participant deferral / active EE | $316 | $3,557-91.1% | $7,108-95.5% | $4,231-92.5% |
| Admin fee / account holder | $43 | $92-53.4% | $5,160-99.2% | $114-62.2% |