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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE2 years Service code 15 · EIN 31-4156830 | Recordkeeping | $21,267 |
Filed as: TRANSAMERICA Service code 27 6400 C ST SW · CEDAR RAPIDS, IA 52499 | 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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,748 | $49,471-39.9% | $79,583-62.6% | $66,949-55.6% |
| Participation rate | 48.5% | 61.4%-12.8pp | 69.5%-21.0pp | 69.8%-21.3pp |
| Annual return | -0.49% | 84.30%-84.8pp | 0.16%-0.7pp | 1.57%-2.1pp |
| Employer contribution / active EE | $2,141 | $1,266+69.1% | $2,414-11.3% | $2,545-15.9% |
| Participant deferral / active EE | $2,755 | $3,160-12.8% | $3,986-30.9% | $4,239-35.0% |
| Admin fee / account holder | $98 | $595-83.5% | $6,835-98.6% | $594-83.4% |