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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE4 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $14,065 |
BEENE GARTER LLP4 years Service code 15 56 GRANDVILLE AVE SW STE 100 · GRAND RAPIDS, MI 49503 | Recordkeeping | $12,343 |
M HOLDINGS SECURITIES INC4 years Filed as: M HOLDINGS SECURITIES Service code 22 1125 NW COUCH ST #900 · PORTLAND, OR 97209 | Insurance Broker | $8,810 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $35,669 | $63,861-44.1% | $104,614-65.9% | $79,858-55.3% |
| Participation rate | 88.7% | 64.9%+23.7pp | 74.1%+14.6pp | 69.6%+19.0pp |
| Annual return | 16.39% | 21.30%-4.9pp | 340.56%-324.2pp | 31.72%-15.3pp |
| Employer contribution / active EE | $287 | $1,588-82.0% | $2,681-89.3% | $2,471-88.4% |
| Participant deferral / active EE | $1,962 | $2,693-27.2% | $3,739-47.5% | $3,740-47.6% |
| Admin fee / account holder | $306 | $4,185-92.7% | $6,464-95.3% | $5,306-94.2% |