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| Provider | Service type | Compensation |
|---|---|---|
MILLSTONE FINANCIAL GROUP2 years Service code 27 · EIN 45-4984952 | Advisory (Plan) | $13,872 |
Service code 37 · EIN 04-2647786 | Loan Processing | $12,738 |
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).
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 | $60,957 | $66,813-8.8% | $100,535-39.4% | $73,497-17.1% |
| Participation rate | 58.2% | 77.5%-19.3pp | 79.4%-21.2pp | 70.7%-12.5pp |
| Annual return | 19.38% | 25.70%-6.3pp | 30.90%-11.5pp | 28.51%-9.1pp |
| Employer contribution / active EE | $288 | $2,147-86.6% | $3,419-91.6% | $2,270-87.3% |
| Participant deferral / active EE | $3,002 | $5,883-49.0% | $6,271-52.1% | $3,740-19.7% |
| Admin fee / account holder | $275 | $512-46.3% | $8,085-96.6% | $513-46.4% |