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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 | $29,507-55.3% | $56,025-76.4% | $77,762-83.0% |
| Participation rate | 31.9% | 32.7%-0.9pp | 52.5%-20.6pp | 70.6%-38.7pp |
| Annual return | 15.76% | 18.90%-3.1pp | 1712.69%-1696.9pp | 31.27%-15.5pp |
| Employer contribution / active EE | $0 | $570-100.0% | $1,042-100.0% | $2,728-100.0% |
| Participant deferral / active EE | $1,086 | $1,062+2.3% | $1,955-44.4% | $4,651-76.6% |
| Admin fee / account holder | $24 | $1,041-97.7% | $2,828-99.2% | $433-94.5% |