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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $29,314 |
NFP RETIREMENT INC1 year Service code 27 · EIN 33-0905143 | Advisory (Plan) | $28,375 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $53,063 | $69,774-23.9% | $67,575-21.5% | $74,459-28.7% |
| Participation rate | 100.0% | 71.4%+28.6pp | 72.9%+27.1pp | 67.2%+32.8pp |
| Annual return | 16.33% | -40.53%+56.9pp | 3528.98%-3512.7pp | 1369.70%-1353.4pp |
| Employer contribution / active EE | $3,198 | $2,710+18.0% | $2,736+16.9% | $2,626+21.8% |
| Participant deferral / active EE | $9,555 | $3,636+162.8% | $4,003+138.7% | $4,350+119.7% |
| Admin fee / account holder | $348 | $890-60.9% | $3,993-91.3% | $1,945-82.1% |