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| Provider | Service type | Compensation |
|---|---|---|
INGHAM & COMPANY7+ years Service code 14 · EIN 65-0170152 | Plan Administrator | $68,713 |
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 | $64,179 | $105,200-39.0% | $159,474-59.8% | $85,847-25.2% |
| Participation rate | 93.8% | 75.8%+18.0pp | 82.8%+11.0pp | 69.3%+24.5pp |
| Annual return | 14.30% | 45.08%-30.8pp | 263.68%-249.4pp | 318.61%-304.3pp |
| Employer contribution / active EE | $2,131 | $3,319-35.8% | $4,831-55.9% | $2,565-16.9% |
| Participant deferral / active EE | $5,953 | $5,946+0.1% | $7,353-19.0% | $3,952+50.6% |
| Admin fee / account holder | $567 | $6,934-91.8% | $10,802-94.8% | $6,261-90.9% |