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| Provider | Service type | Compensation |
|---|---|---|
Filed as: WEALTH ENHANCEMENT ADVISORY Service code 26 · EIN 41-2016508 8161 MAPLE LAWN BLVD · FULTON, MD 20759 | Advisory (Participants) | $43,251 |
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $7,102 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $49,168 | $53,165-7.5% | $86,216-43.0% | $74,460-34.0% |
| Participation rate | 52.3% | 64.9%-12.6pp | 69.0%-16.7pp | 70.7%-18.5pp |
| Annual return | 22.08% | 22.64%-0.6pp | 1169.42%-1147.3pp | 34.38%-12.3pp |
| Employer contribution / active EE | $695 | $1,210-42.5% | $2,382-70.8% | $2,638-73.6% |
| Participant deferral / active EE | $3,332 | $3,234+3.0% | $3,986-16.4% | $4,530-26.4% |
| Admin fee / account holder | $201 | $551-63.5% | $6,853-97.1% | $348-42.1% |