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| Provider | Service type | Compensation |
|---|---|---|
DUBUQUE BANK & TRUST COMPANY10+ years Filed as: DUBUQUE BANK & TRUST CO. Service code 15 · EIN 42-0223620 | Recordkeeping | $97,211 |
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $83,609 | $50,919+64.2% | $155,556-46.3% | $77,762+7.5% |
| Participation rate | 58.8% | 63.1%-4.3pp | 78.2%-19.4pp | 70.6%-11.8pp |
| Annual return | 13.55% | 34.84%-21.3pp | 64.84%-51.3pp | 31.27%-17.7pp |
| Employer contribution / active EE | $1,801 | $1,991-9.6% | $4,675-61.5% | $2,728-34.0% |
| Participant deferral / active EE | $3,959 | $2,824+40.2% | $5,631-29.7% | $4,651-14.9% |
| Admin fee / account holder | $309 | $437-29.3% | $15,885-98.1% | $433-28.7% |