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| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES4 years Service code 15 · EIN 74-2715820 P.O. BOX 2208 · WACO, TX 76703 | Recordkeeping | $29,031 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,818 | $51,226-51.6% | $82,706-70.0% | $66,930-62.9% |
| Participation rate | 63.6% | 67.9%-4.3pp | 72.6%-9.0pp | 69.8%-6.2pp |
| Annual return | -13.35% | -9.61%-3.7pp | 701.76%-715.1pp | 1.57%-14.9pp |
| Employer contribution / active EE | $2,733 | $2,612+4.6% | $3,007-9.1% | $2,545+7.4% |
| Participant deferral / active EE | $5,778 | $3,460+67.0% | $4,394+31.5% | $4,238+36.3% |
| Admin fee / account holder | $199 | $416-52.1% | $5,329-96.3% | $593-66.5% |