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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $337,795 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported that benefits due were not provided when due.
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 | $56,618 | $52,346+8.2% | $143,801-60.6% | $78,104-27.5% |
| Participation rate | 67.8% | 72.7%-5.0pp | 80.3%-12.6pp | 74.5%-6.8pp |
| Annual return | -14.95% | -14.19%-0.8pp | -0.04%-14.9pp | 10.90%-25.9pp |
| Employer contribution / active EE | $1,531 | $2,131-28.2% | $4,952-69.1% | $3,128-51.0% |
| Participant deferral / active EE | $6,093 | $3,800+60.3% | $5,639+8.1% | $5,089+19.7% |
| Admin fee / account holder | $71 | $63+11.3% | $14,680-99.5% | $79-10.6% |