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| Provider | Service type | Compensation |
|---|---|---|
THE BANK OF NEW YORK MELLON5 years Filed as: BANK OF AMERICA NA Service code 16 · EIN 13-5674085 | Consulting | $111,963 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $64,840 |
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT INC. Service code 16 · EIN 33-0905143 | Consulting | $22,917 |
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 | $114,237 | $105,248+8.5% | $147,318-22.5% | $71,012+60.9% |
| Participation rate | 87.6% | 66.1%+21.4pp | 82.1%+5.5pp | 58.6%+29.0pp |
| Annual return | 16.34% | 26.02%-9.7pp | 70.43%-54.1pp | 37.67%-21.3pp |
| Employer contribution / active EE | $5,087 | $3,785+34.4% | $4,593+10.8% | $2,348+116.7% |
| Participant deferral / active EE | $7,716 | $6,452+19.6% | $7,906-2.4% | $3,246+137.7% |
| Admin fee / account holder | $341 | $862-60.5% | $13,708-97.5% | $1,167-70.8% |