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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $269,712 |
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 | $62,322 | $59,312+5.1% | $149,740-58.4% | $103,657-39.9% |
| Participation rate | 68.9% | 70.3%-1.4pp | 78.8%-9.9pp | 73.4%-4.5pp |
| Annual return | 21.25% | 78.03%-56.8pp | 134.51%-113.3pp | 33.13%-11.9pp |
| Employer contribution / active EE | $1,466 | $2,187-33.0% | $4,821-69.6% | $3,216-54.4% |
| Participant deferral / active EE | $5,819 | $3,719+56.4% | $5,683+2.4% | $5,218+11.5% |
| Admin fee / account holder | $59 | $103-42.5% | $13,222-99.6% | $114-48.3% |