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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 31-1360674 | Contract Administrator | $11,133 |
Service code 27 · EIN 59-3766965 | Advisory (Plan) | $6,017 |
PAYCHEX, INC.6 years Service code 15 · EIN 16-1124166 | Recordkeeping | $5,370 |
Filed as: CHARLES SCHWAB TRUST BANK Service code 50 · EIN 82-3967259 | Direct Payment | $1,102 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,406 | $54,370+12.9% | $82,763-25.8% | $68,490-10.3% |
| Participation rate | 59.8% | 63.9%-4.2pp | 72.6%-12.8pp | 67.9%-8.1pp |
| Annual return | -18.27% | -13.67%-4.6pp | 702.45%-720.7pp | -7.85%-10.4pp |
| Employer contribution / active EE | $1,363 | $2,219-38.6% | $3,008-54.7% | $2,597-47.5% |
| Participant deferral / active EE | $2,597 | $3,247-20.0% | $4,395-40.9% | $4,028-35.5% |
| Admin fee / account holder | $285 | $4,398-93.5% | $5,325-94.7% | $5,403-94.7% |