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| Provider | Service type | Compensation |
|---|---|---|
Filed as: RETIREMENT PLAN CONSULTANTS, LLC Service code 15 125 S 4TH STREET · NORFOLK, NE 68701 | Recordkeeping | $10,944 |
Service code 26 5215 OLD ORCHARD ROAD · SKOKIE, IL 60077 | Advisory (Participants) | $7,387 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
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 | $24,886 | $91,179-72.7% | $178,499-86.1% | $79,852-68.8% |
| Participation rate | 63.2% | 69.2%-6.0pp | 81.9%-18.7pp | 69.6%-6.4pp |
| Annual return | 9.10% | 24.19%-15.1pp | 151.10%-142.0pp | 31.72%-22.6pp |
| Employer contribution / active EE | $1,575 | $3,256-51.6% | $5,011-68.6% | $2,471-36.3% |
| Participant deferral / active EE | $2,432 | $3,236-24.8% | $5,202-53.3% | $3,740-35.0% |
| Admin fee / account holder | $230 | $6,749-96.6% | $13,986-98.4% | $5,306-95.7% |