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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS7+ years Service code 15 · EIN 95-6817943 P.O. BOX 6040 · INDIANAPOLIS, CA 462066040 | Recordkeeping | $0 |
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.
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 | $16,179 | $37,463-56.8% | $77,100-79.0% | $66,949-75.8% |
| Participation rate | 5.7% | 52.9%-47.2pp | 67.9%-62.2pp | 69.8%-64.1pp |
| Annual return | -18.79% | -3.25%-15.5pp | 42.35%-61.1pp | 1.57%-20.4pp |
| Employer contribution / active EE | $0 | $1,535-100.0% | $2,815-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $308 | $2,621-88.3% | $4,430-93.0% | $4,239-92.7% |
| Admin fee / account holder | $42 | $568-92.6% | $5,443-99.2% | $594-93.0% |