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| Provider | Service type | Compensation |
|---|---|---|
BWS ADVISORS LLC1 year Service code 27 2770 ELECTRIC ROAD · ROANOKE, VA 24018 | Advisory (Plan) | $10,536 |
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $1,536 |
METRO BENEFITS, INC.1 year Service code 13 8150 PERRY HWY, · PITTSBURG, PA 15237 | Contract Administrator | $585 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,405 | $65,092-54.8% | $143,799-79.6% | $66,938-56.1% |
| Participation rate | 62.3% | 65.2%-2.9pp | 80.3%-18.0pp | 69.8%-7.5pp |
| Annual return | -2.54% | -11.14%+8.6pp | -0.04%-2.5pp | 1.58%-4.1pp |
| Employer contribution / active EE | $1,335 | $2,362-43.5% | $4,952-73.0% | $2,545-47.5% |
| Participant deferral / active EE | $2,144 | $2,920-26.6% | $5,638-62.0% | $4,238-49.4% |
| Admin fee / account holder | $136 | $502-72.9% | $14,677-99.1% | $594-77.0% |