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| Provider | Service type | Compensation |
|---|---|---|
CITIZENS & NORTHERN BANK3 years Service code 15 · EIN 24-0756925 | Recordkeeping | $41,296 |
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.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,916 | $84,936+15.3% | $111,303-12.0% | $79,393+23.3% |
| Participation rate | 62.4% | 75.9%-13.5pp | 77.3%-14.9pp | 70.7%-8.3pp |
| Annual return | 14.61% | 17.45%-2.8pp | 54.66%-40.1pp | 116.87%-102.3pp |
| Employer contribution / active EE | $1,691 | $1,979-14.6% | $2,731-38.1% | $2,428-30.4% |
| Participant deferral / active EE | $3,480 | $3,888-10.5% | $4,487-22.4% | $4,046-14.0% |
| Admin fee / account holder | $359 | $537-33.1% | $7,966-95.5% | $627-42.7% |