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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BURNHAM GIBSON WEALTH ADVISORS LLC Service code 26 · EIN 13-4071393 2050 MAIN STREET · IRVINE, CA 92614 | Advisory (Participants) | $12,685 |
PAYCHEX, INC.10+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $5,745 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,761 | $51,642-73.4% | $129,384-89.4% | $80,935-83.0% |
| Participation rate | 66.7% | 56.9%+9.7pp | 69.6%-3.0pp | 67.7%-1.0pp |
| Annual return | 6.10% | 20.78%-14.7pp | 9461.77%-9455.7pp | 35.66%-29.6pp |
| Employer contribution / active EE | $0 | $1,583-100.0% | $4,153-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $2,178 | $2,670-18.4% | $4,166-47.7% | $4,299-49.3% |
| Admin fee / account holder | $106 | $4,312-97.6% | $7,686-98.6% | $6,924-98.5% |