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| Provider | Service type | Compensation |
|---|---|---|
Filed as: AMERIPRISE FINANCIAL SERVICES Service code 26 · EIN 38-2722519 70911 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474 | Advisory (Participants) | $30,464 |
Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $0 |
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 | $76,433 | $73,019+4.7% | $90,766-15.8% | $68,490+11.6% |
| Participation rate | 98.9% | 70.8%+28.0pp | 75.7%+23.2pp | 67.9%+31.0pp |
| Annual return | -18.52% | -13.81%-4.7pp | -12.16%-6.4pp | -7.85%-10.7pp |
| Employer contribution / active EE | $2,243 | $2,193+2.3% | $2,922-23.2% | $2,597-13.6% |
| Participant deferral / active EE | $6,666 | $3,626+83.8% | $4,565+46.0% | $4,028+65.5% |
| Admin fee / account holder | $555 | $5,897-90.6% | $8,446-93.4% | $5,403-89.7% |