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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.2 years Service code 50 · EIN 23-1945930 | Direct Payment | $17,171 |
Filed as: SECURIAN FIN'L SERVICES Service code 13 600 W GERMANTOWN PIKE · PLYMOUTH MEETING, PA 19462 | Contract Administrator | $17,006 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,427 | $85,171-56.1% | $172,753-78.3% | $72,976-48.7% |
| Participation rate | 100.0% | 70.1%+29.9pp | 82.6%+17.4pp | 69.5%+30.5pp |
| Annual return | 12.73% | 27.32%-14.6pp | 803.00%-790.3pp | 81.02%-68.3pp |
| Employer contribution / active EE | $3,575 | $3,324+7.6% | $5,144-30.5% | $2,440+46.5% |
| Participant deferral / active EE | $2,353 | $3,260-27.8% | $5,198-54.7% | $3,608-34.8% |
| Admin fee / account holder | $332 | $5,880-94.4% | $13,956-97.6% | $5,124-93.5% |