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| Provider | Service type | Compensation |
|---|---|---|
INGHAM & COMPANY6+ years Service code 14 · EIN 65-0170152 | Plan Administrator | $58,284 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,388 | $98,776-34.8% | $149,745-57.0% | $79,856-19.4% |
| Participation rate | 92.3% | 75.8%+16.5pp | 82.5%+9.8pp | 69.6%+22.7pp |
| Annual return | 17.07% | 27.38%-10.3pp | 276.72%-259.7pp | 31.71%-14.6pp |
| Employer contribution / active EE | $1,777 | $3,217-44.8% | $4,646-61.7% | $2,471-28.1% |
| Participant deferral / active EE | $5,772 | $5,681+1.6% | $6,843-15.7% | $3,741+54.3% |
| Admin fee / account holder | $496 | $6,053-91.8% | $9,312-94.7% | $5,306-90.7% |