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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 | $71,197-24.3% | $93,669-42.5% | $80,925-33.4% |
| Participation rate | 83.9% | 60.4%+23.5pp | 68.7%+15.1pp | 67.7%+16.2pp |
| Annual return | 10.55% | 11.27%-0.7pp | 133.59%-123.0pp | 35.65%-25.1pp |
| Employer contribution / active EE | $1,096 | $1,565-29.9% | $2,424-54.8% | $2,756-60.2% |
| Participant deferral / active EE | $5,482 | $4,036+35.8% | $4,416+24.1% | $4,299+27.5% |
| Admin fee / account holder | $780 | $6,959-88.8% | $8,291-90.6% | $6,940-88.8% |