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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $8,882 |
Service code 27 · EIN 45-4984952 | Advisory (Plan) | $6,378 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $51,036 | $58,655-13.0% | $91,994-44.5% | $65,185-21.7% |
| Participation rate | 62.3% | 75.3%-13.0pp | 78.6%-16.3pp | 70.2%-7.9pp |
| Annual return | 26.21% | 33.92%-7.7pp | 69.04%-42.8pp | 29.38%-3.2pp |
| Employer contribution / active EE | $282 | $2,080-86.4% | $3,453-91.8% | $2,177-87.0% |
| Participant deferral / active EE | $2,986 | $5,474-45.5% | $5,924-49.6% | $3,514-15.0% |
| Admin fee / account holder | $174 | $434-60.0% | $7,744-97.8% | $847-79.5% |