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| Provider | Service type | Compensation |
|---|---|---|
Filed as: KESTRA ADVISORY SERVICES LLC Service code 27 5707 SWST PRKWY BLDG 2 · AUSTIN, TX 78735 | Advisory (Plan) | $2,572 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $2,244 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $407 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,438 | $79,181-55.2% | $102,423-65.4% | $74,429-52.4% |
| Participation rate | 95.1% | 74.8%+20.3pp | 76.5%+18.6pp | 67.2%+27.9pp |
| Annual return | 12.99% | 54.97%-42.0pp | 29.42%-16.4pp | 1368.38%-1355.4pp |
| Employer contribution / active EE | $1,596 | $2,362-32.4% | $3,023-47.2% | $2,625-39.2% |
| Participant deferral / active EE | $4,072 | $4,416-7.8% | $5,054-19.4% | $4,348-6.4% |
| Admin fee / account holder | $405 | $2,002-79.8% | $9,455-95.7% | $1,944-79.2% |