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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $3,393 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $4,349 | $31,388-86.1% | $73,550-94.1% | $62,293-93.0% |
| Participation rate | 31.5% | 39.9%-8.3pp | 54.9%-23.4pp | 69.5%-38.0pp |
| Annual return | 24.70% | 25.34%-0.6pp | -15.16%+39.9pp | 28.90%-4.2pp |
| Employer contribution / active EE | $8 | $498-98.3% | $1,219-99.3% | $2,042-99.6% |
| Participant deferral / active EE | $826 | $1,028-19.7% | $1,804-54.2% | $3,169-73.9% |
| Admin fee / account holder | $3 | $299-99.1% | $2,320-99.9% | $479-99.4% |