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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $125 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $13,733 | $99,957-86.3% | $149,730-90.8% | $73,493-81.3% |
| Participation rate | 29.3% | 75.7%-46.4pp | 82.5%-53.1pp | 70.7%-41.3pp |
| Annual return | 26.59% | 53.87%-27.3pp | 276.70%-250.1pp | 28.51%-1.9pp |
| Employer contribution / active EE | $694 | $3,191-78.2% | $4,645-85.1% | $2,270-69.4% |
| Participant deferral / active EE | $1,867 | $6,073-69.3% | $6,843-72.7% | $3,740-50.1% |
| Admin fee / account holder | $89 | $551-83.9% | $9,310-99.0% | $513-82.7% |