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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS5+ years Service code 15 · EIN 95-6817943 P.O. BOX 6040 · INDIANAPOLIS, IN 46206 | Recordkeeping | $2,655 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,154 | $62,002+45.4% | $93,621-3.7% | - |
| Participation rate | 64.6% | 71.3%-6.7pp | 75.8%-11.2pp | - |
| Annual return | 24.48% | 20.75%+3.7pp | 32.76%-8.3pp | - |
| Employer contribution / active EE | $342 | $1,327-74.2% | $2,719-87.4% | - |
| Participant deferral / active EE | $2,196 | $2,563-14.3% | $4,070-46.0% | - |
| Admin fee / account holder | $282 | $6,149-95.4% | $7,890-96.4% | - |