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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $76,533 |
Filed as: HENDERSON BROTHERS FINANCIAL Service code 27 · EIN 99-4573857 | Advisory (Plan) | $54,961 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $18,088 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $114,821 | $103,024+11.5% | $112,040+2.5% | $79,634+44.2% |
| Participation rate | 88.7% | 80.6%+8.1pp | 76.5%+12.2pp | 62.5%+26.2pp |
| Annual return | 16.09% | 17.60%-1.5pp | 24.52%-8.4pp | 36.46%-20.4pp |
| Employer contribution / active EE | $0 | $3,015-100.0% | $2,954-100.0% | $2,529-100.0% |
| Participant deferral / active EE | $8,172 | $5,233+56.2% | $5,098+60.3% | $3,835+113.1% |
| Admin fee / account holder | $311 | $465-33.1% | $12,098-97.4% | $1,002-69.0% |