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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $95,279 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,137 | $44,898-75.2% | $85,126-86.9% | $199,921-94.4% |
| Participation rate | 16.2% | 45.7%-29.5pp | 67.5%-51.3pp | 72.0%-55.8pp |
| Annual return | 13.38% | 20.98%-7.6pp | 66.63%-53.3pp | 34.28%-20.9pp |
| Employer contribution / active EE | $1 | $1,367-100.0% | $2,731-100.0% | $3,035-100.0% |
| Participant deferral / active EE | $621 | $2,670-76.7% | $4,523-86.3% | $5,089-87.8% |
| Admin fee / account holder | $115 | $585-80.3% | $6,160-98.1% | $269-57.1% |