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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $5,337 |
ASCENSUS LLC1 year Filed as: FARMERS FINANCIAL SOLUTIONS LLC Service code 49 · EIN 77-0530616 | Other Services | $5,290 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,132 | $69,383-65.2% | $101,271-76.2% | $73,493-67.2% |
| Participation rate | 42.0% | 68.4%-26.4pp | 75.8%-33.8pp | 70.7%-28.7pp |
| Annual return | 16.28% | 18.46%-2.2pp | 46.48%-30.2pp | 28.51%-12.2pp |
| Employer contribution / active EE | $1,434 | $2,628-45.5% | $3,660-60.8% | $2,270-36.8% |
| Participant deferral / active EE | $1,983 | $3,301-39.9% | $4,371-54.6% | $3,740-47.0% |
| Admin fee / account holder | $102 | $704-85.6% | $5,948-98.3% | $513-80.2% |