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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $214,944 |
OSAIC WEALTH INC1 year Service code 22 · EIN 93-0987232 | Insurance Broker | $167,159 |
Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849 | Advisory (Plan) | $6,524 |
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 | $69,122 | $73,149-5.5% | $120,574-42.7% | $77,736-11.1% |
| Participation rate | 40.1% | 55.2%-15.0pp | 71.9%-31.8pp | 70.6%-30.5pp |
| Annual return | 11.86% | 18.24%-6.4pp | 107.42%-95.6pp | 31.26%-19.4pp |
| Employer contribution / active EE | $1,256 | $1,793-30.0% | $3,471-63.8% | $2,728-54.0% |
| Participant deferral / active EE | $2,461 | $3,006-18.1% | $4,996-50.7% | $4,651-47.1% |
| Admin fee / account holder | $443 | $660-32.9% | $9,445-95.3% | $433+2.2% |