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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $19,187 |
LEGACY ADVISORS LLC8 years Service code 26 · EIN 06-1659806 | Advisory (Participants) | $11,031 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,879 | $71,230-24.4% | $93,727-42.5% | $80,959-33.4% |
| Participation rate | 83.9% | 60.4%+23.5pp | 68.7%+15.2pp | 67.7%+16.2pp |
| Annual return | 10.55% | 11.26%-0.7pp | 133.83%-123.3pp | 35.67%-25.1pp |
| Employer contribution / active EE | $1,096 | $1,565-30.0% | $2,421-54.7% | $2,757-60.2% |
| Participant deferral / active EE | $5,482 | $4,037+35.8% | $4,417+24.1% | $4,300+27.5% |
| Admin fee / account holder | $780 | $6,961-88.8% | $8,292-90.6% | $6,925-88.7% |