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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $360 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,204 | $29,546-55.3% | $56,441-76.6% | $77,671-83.0% |
| Participation rate | 31.9% | 32.7%-0.8pp | 52.5%-20.6pp | 70.6%-38.7pp |
| Annual return | 15.76% | 19.01%-3.3pp | 1704.21%-1688.5pp | 31.21%-15.5pp |
| Employer contribution / active EE | $0 | $568-100.0% | $1,039-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $1,086 | $1,061+2.4% | $1,953-44.4% | $4,648-76.6% |
| Admin fee / account holder | $24 | $1,046-97.7% | $2,829-99.2% | $430-94.5% |