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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $796 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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.
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 | $4,648 | $52,639-91.2% | $185,117-97.5% | $62,293-92.5% |
| Participation rate | 30.6% | 63.9%-33.3pp | 77.3%-46.7pp | 69.5%-38.9pp |
| Annual return | 57.47% | 19.57%+37.9pp | 40.50%+17.0pp | 28.90%+28.6pp |
| Employer contribution / active EE | $472 | $1,483-68.2% | $4,182-88.7% | $2,042-76.9% |
| Participant deferral / active EE | $771 | $3,097-75.1% | $5,045-84.7% | $3,169-75.7% |
| Admin fee / account holder | $15 | $374-96.0% | $8,159-99.8% | $479-96.9% |