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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 P.O. BOX 1444 · JASPER, AL 35502 | Advisory (Participants) | $105,995 |
Filed as: KASSOUF RETIREMENT PLAN SERVICE LLC Service code 15 · EIN 63-1239553 | Recordkeeping | $15,827 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $122,292 | $85,171+43.6% | $172,752-29.2% | $72,975+67.6% |
| Participation rate | 100.0% | 70.1%+29.9pp | 82.6%+17.4pp | 69.5%+30.5pp |
| Annual return | 13.25% | 27.32%-14.1pp | 802.97%-789.7pp | 81.01%-67.8pp |
| Employer contribution / active EE | $7,145 | $3,324+114.9% | $5,144+38.9% | $2,440+192.8% |
| Participant deferral / active EE | $5,077 | $3,260+55.7% | $5,198-2.3% | $3,608+40.7% |
| Admin fee / account holder | $790 | $5,880-86.6% | $13,955-94.3% | $5,124-84.6% |