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| Provider | Service type | Compensation |
|---|---|---|
INGHAM & COMPANY5+ years Service code 14 · EIN 65-0170152 | Plan Administrator | $51,729 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $51,844 | $89,370-42.0% | $141,197-63.3% | $72,976-29.0% |
| Participation rate | 93.4% | 75.1%+18.3pp | 82.5%+10.9pp | 69.5%+23.9pp |
| Annual return | 19.50% | 111.88%-92.4pp | 71.41%-51.9pp | 81.02%-61.5pp |
| Employer contribution / active EE | $1,752 | $3,115-43.8% | $4,736-63.0% | $2,440-28.2% |
| Participant deferral / active EE | $5,312 | $5,419-2.0% | $6,710-20.8% | $3,608+47.2% |
| Admin fee / account holder | $447 | $5,957-92.5% | $10,265-95.6% | $5,124-91.3% |