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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $100,449 |
THE BANK OF NEW YORK MELLON3 years Filed as: BANK OF AMERICA NA Service code 16 · EIN 13-5674085 | Consulting | $65,212 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $8,626 | $53,216-83.8% | $155,534-94.5% | $199,960-95.7% |
| Participation rate | 93.7% | 64.1%+29.6pp | 78.2%+15.5pp | 72.0%+21.7pp |
| Annual return | 16.60% | 41.18%-24.6pp | 64.92%-48.3pp | 34.28%-17.7pp |
| Employer contribution / active EE | $279 | $1,848-84.9% | $4,675-94.0% | $3,036-90.8% |
| Participant deferral / active EE | $2,302 | $3,164-27.2% | $5,630-59.1% | $5,087-54.7% |
| Admin fee / account holder | $90 | $186-51.5% | $15,900-99.4% | $269-66.6% |