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| Provider | Service type | Compensation |
|---|---|---|
BENEFIT CONSULTANTS GROUP2+ years Service code 15 · EIN 23-2383285 | Recordkeeping | $27,528 |
DR ADVISORY SERVICES2+ years Service code 26 · EIN 20-5173405 | Advisory (Participants) | $20,363 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $57,345 | $52,884+8.4% | $84,753-32.3% | $55,167+3.9% |
| Participation rate | 66.3% | 67.5%-1.2pp | 76.6%-10.3pp | 69.0%-2.7pp |
| Annual return | 7.33% | 18.03%-10.7pp | 22.78%-15.5pp | 169.23%-161.9pp |
| Employer contribution / active EE | $3,777 | $2,233+69.1% | $3,574+5.7% | $1,963+92.5% |
| Participant deferral / active EE | $1,447 | $2,644-45.3% | $3,712-61.0% | $3,054-52.6% |
| Admin fee / account holder | $173 | $581-70.2% | $5,333-96.8% | $504-65.7% |