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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $14,471 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,262 | $41,467-36.7% | $67,313-61.0% | $55,725-52.9% |
| Participation rate | 23.7% | 62.5%-38.8pp | 69.1%-45.4pp | 70.9%-47.2pp |
| Annual return | -6.42% | 0.82%-7.2pp | -4.08%-2.3pp | 244.93%-251.3pp |
| Employer contribution / active EE | $656 | $1,316-50.1% | $2,566-74.4% | $2,078-68.4% |
| Participant deferral / active EE | $977 | $2,399-59.3% | $3,568-72.6% | $3,356-70.9% |
| Admin fee / account holder | $11 | $102-89.2% | $4,507-99.8% | $115-90.4% |