Filed April 28, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $36,282 |
Filed as: THE MANDMARBLESTONE GROUP, LLC Service code 13 · EIN 20-4780677 | Contract Administrator | $5,332 |
EQUITY SERVICES INC1 year Filed as: EQUITY SERVICES, INC. Service code 49 · EIN 03-0221141 | Other Services | $5,219 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,606 | $79,438-26.2% | $106,555-45.0% | $79,391-26.2% |
| Participation rate | 65.2% | 74.2%-9.0pp | 76.1%-10.9pp | 70.7%-5.5pp |
| Annual return | 14.92% | 18.27%-3.4pp | 26.80%-11.9pp | 116.88%-102.0pp |
| Employer contribution / active EE | $2,077 | $2,235-7.1% | $2,819-26.3% | $2,428-14.5% |
| Participant deferral / active EE | $2,798 | $3,824-26.8% | $4,399-36.4% | $4,046-30.8% |
| Admin fee / account holder | $312 | $523-40.4% | $7,408-95.8% | $627-50.2% |