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| Provider | Service type | Compensation |
|---|---|---|
Filed as: AXA EQUITABLE LIFE INSURANCE CO. Service code 15 · EIN 13-5570651 | Recordkeeping | $23,521 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,128 | $34,634-13.0% | $77,100-60.9% | $64,824-53.5% |
| Participation rate | 59.2% | 49.8%+9.4pp | 67.9%-8.7pp | 71.5%-12.3pp |
| Annual return | -11.55% | -5.31%-6.2pp | 42.35%-53.9pp | 32.84%-44.4pp |
| Employer contribution / active EE | $3,420 | $1,385+147.0% | $2,815+21.5% | $2,507+36.4% |
| Participant deferral / active EE | $1,945 | $2,553-23.8% | $4,430-56.1% | $4,311-54.9% |
| Admin fee / account holder | $224 | $178+25.7% | $5,443-95.9% | $188+19.3% |