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| Provider | Service type | Compensation |
|---|---|---|
SECURE ASSET MANAGEMENT2 years Filed as: SECURE ASSET MANAGEMENT, LLC Service code 26 · EIN 14-1996228 | Advisory (Participants) | $6,655 |
Service code 26 · EIN 82-5223837 | Advisory (Participants) | $2,215 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $128 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $30,174 | $44,221-31.8% | $121,208-75.1% | $56,287-46.4% |
| Participation rate | 42.9% | 61.1%-18.2pp | 71.8%-28.9pp | 69.9%-27.0pp |
| Annual return | -4.64% | -3.58%-1.1pp | 16.93%-21.6pp | -9.96%+5.3pp |
| Employer contribution / active EE | $38 | $1,480-97.5% | $4,023-99.1% | $2,111-98.2% |
| Participant deferral / active EE | $1,387 | $2,521-45.0% | $3,345-58.5% | $3,350-58.6% |
| Admin fee / account holder | $60 | $480-87.4% | $5,020-98.8% | $521-88.4% |