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| Provider | Service type | Compensation |
|---|---|---|
SCHNEIDER DOWNS & CO., INC.1+ years Filed as: SCHNEIDER DOWNS WEALTH MGMT ADV. Service code 27 · EIN 25-1857157 ONE PPG PLACE, SUITE 1700 · PITTSBURGH, PA 152225416 | Advisory (Plan) | $6,515 |
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).
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 | $18,107 | $46,360-60.9% | $147,618-87.7% | $52,331-65.4% |
| Participation rate | 26.1% | 64.9%-38.9pp | 84.6%-58.5pp | 68.1%-42.0pp |
| Annual return | -3.10% | 1.62%-4.7pp | 61.98%-65.1pp | 4.54%-7.6pp |
| Employer contribution / active EE | $539 | $2,126-74.7% | $5,565-90.3% | $1,882-71.4% |
| Participant deferral / active EE | $850 | $2,258-62.4% | $4,895-82.6% | $3,022-71.9% |
| Admin fee / account holder | $150 | $766-80.4% | $11,612-98.7% | $592-74.7% |