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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 35-1140070 | Contract Administrator | $51,671 |
THE RYDING COMPANY2 years Service code 15 · EIN 95-3497679 2659 TOWNSGATE RD., SUITE 101 · WESTLAKE VILLAGE, CA 91361 | Recordkeeping | $1,475 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $88,752 | $86,655+2.4% | $119,608-25.8% | $66,930+32.6% |
| Participation rate | 63.5% | 75.6%-12.0pp | 79.3%-15.7pp | 69.8%-6.3pp |
| Annual return | -12.67% | -8.00%-4.7pp | -14.98%+2.3pp | 1.57%-14.2pp |
| Employer contribution / active EE | $2,421 | $2,536-4.5% | $4,232-42.8% | $2,545-4.9% |
| Participant deferral / active EE | $6,059 | $4,358+39.0% | $5,601+8.2% | $4,238+43.0% |
| Admin fee / account holder | $343 | $755-54.6% | $10,326-96.7% | $593-42.2% |