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| Provider | Service type | Compensation |
|---|---|---|
Filed as: THE PARAGON ALLIANCE GROUP LLC Service code 14 PO BOX 24926 · NEW YORK, NY 100874926 | Plan Administrator | $11,765 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $4,664 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $30,540 | $36,806-17.0% | $69,623-56.1% | $77,736-60.7% |
| Participation rate | 42.5% | 64.4%-21.9pp | 66.4%-24.0pp | 70.6%-28.1pp |
| Annual return | 16.08% | 38.81%-22.7pp | 101.23%-85.2pp | 31.26%-15.2pp |
| Employer contribution / active EE | $621 | $1,257-50.6% | $1,709-63.7% | $2,728-77.2% |
| Participant deferral / active EE | $2,215 | $2,738-19.1% | $2,890-23.4% | $4,651-52.4% |
| Admin fee / account holder | $203 | $507-60.0% | $4,696-95.7% | $433-53.2% |