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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PROFESSION CAPITAL SERVICES, LLC Service code 13 · EIN 23-3038464 | Contract Administrator | $39,861 |
NEWSQUARE CAPITAL, LLC1 year Service code 27 · EIN 27-1238163 | Advisory (Plan) | $16,543 |
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 | $120,351 | $125,797-4.3% | $170,043-29.2% | $75,173+60.1% |
| Participation rate | 92.2% | 83.6%+8.6pp | 87.0%+5.2pp | 67.2%+25.0pp |
| Annual return | 24.58% | 27.20%-2.6pp | 53.40%-28.8pp | 160.72%-136.1pp |
| Employer contribution / active EE | $7,051 | $4,616+52.8% | $6,790+3.8% | $2,671+164.0% |
| Participant deferral / active EE | $25,100 | $6,838+267.1% | $10,410+141.1% | $4,126+508.3% |
| Admin fee / account holder | $330 | $8,177-96.0% | $12,824-97.4% | $5,651-94.2% |