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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $11,203 |
ASCENSUS LLC4 years Filed as: FARMERS FINANCIAL SOLUTIONS LLC Service code 49 · EIN 77-0530616 | Other Services | $8,802 |
Service code 13 · EIN 62-1038805 | Contract Administrator | $4,400 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,551 | $93,010-61.8% | $96,520-63.2% | $74,440-52.2% |
| Participation rate | 36.5% | 71.6%-35.1pp | 74.3%-37.8pp | 70.7%-34.2pp |
| Annual return | 20.15% | 37.50%-17.4pp | 35.72%-15.6pp | 34.37%-14.2pp |
| Employer contribution / active EE | $1,210 | $3,427-64.7% | $3,739-67.6% | $2,638-54.1% |
| Participant deferral / active EE | $2,769 | $3,971-30.3% | $4,879-43.3% | $4,529-38.9% |
| Admin fee / account holder | $130 | $633-79.4% | $6,733-98.1% | $348-62.5% |