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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $74,716 |
Filed as: AMERIPRISE FINANCIAL SERVICES Service code 22 | Insurance Broker | $40,648 |
Service code 15 · EIN 31-1299207 | Recordkeeping | $3,050 |
Service code 22 · EIN 41-0973005 | Insurance Broker | $0 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,234 | $64,176-18.6% | $112,249-53.5% | $66,938-22.0% |
| Participation rate | 78.5% | 68.4%+10.0pp | 75.1%+3.4pp | 69.8%+8.6pp |
| Annual return | -14.57% | -13.80%-0.8pp | 27.48%-42.1pp | 1.58%-16.1pp |
| Employer contribution / active EE | $1,524 | $3,007-49.3% | $3,636-58.1% | $2,545-40.1% |
| Participant deferral / active EE | $3,746 | $3,694+1.4% | $4,729-20.8% | $4,238-11.6% |
| Admin fee / account holder | $381 | $626-39.1% | $6,412-94.1% | $594-35.8% |