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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $23,874 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $31,790 | $58,093-45.3% | $80,022-60.3% | $56,287-43.5% |
| Participation rate | 62.3% | 73.6%-11.3pp | 75.8%-13.5pp | 69.9%-7.5pp |
| Annual return | -2.85% | 34.63%-37.5pp | 11.22%-14.1pp | -9.96%+7.1pp |
| Employer contribution / active EE | $751 | $1,933-61.1% | $2,468-69.6% | $2,111-64.4% |
| Participant deferral / active EE | $1,566 | $3,136-50.1% | $3,686-57.5% | $3,350-53.2% |
| Admin fee / account holder | $4 | $623-99.3% | $6,521-99.9% | $521-99.2% |