Filed December 7, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 86-0588303 | Advisory (Plan) | $47,567 |
Service code 37 · EIN 04-2647786 | Loan Processing | $24,012 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,938 | $58,888+12.0% | $178,499-63.1% | $73,493-10.3% |
| Participation rate | 99.1% | 66.2%+32.9pp | 81.9%+17.2pp | 70.7%+28.5pp |
| Annual return | 12.88% | 24.86%-12.0pp | 151.10%-138.2pp | 28.51%-15.6pp |
| Employer contribution / active EE | $2,261 | $2,236+1.1% | $5,011-54.9% | $2,270-0.4% |
| Participant deferral / active EE | $4,869 | $2,568+89.6% | $5,202-6.4% | $3,740+30.2% |
| Admin fee / account holder | $383 | $400-4.4% | $13,986-97.3% | $513-25.4% |