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| Provider | Service type | Compensation |
|---|---|---|
IRON-CO-FID-COMPREHENSIVE4 years Filed as: IRON FINANCIAL LLC Service code 17 630 DUNDEE ROAD · NORTHBROOK, IL 60062 | Pension Consulting | $15,197 |
NATIONWIDE6+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $15,128 |
IRON-CO-FID-COMPREHENSIVE4 years Filed as: IRON ADMINISTRATION, LLC Service code 63 630 DUNDEE ROAD · NORTHBROOK, IL 60062 | 12b-1 Fees | $2,127 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $43,847 | $58,895-25.6% | $178,503-75.4% | $73,497-40.3% |
| Participation rate | 55.6% | 66.2%-10.7pp | 81.9%-26.4pp | 70.7%-15.1pp |
| Annual return | 14.20% | 24.86%-10.7pp | 151.12%-136.9pp | 28.51%-14.3pp |
| Employer contribution / active EE | $774 | $2,236-65.4% | $5,011-84.6% | $2,270-65.9% |
| Participant deferral / active EE | $1,607 | $2,567-37.4% | $5,202-69.1% | $3,740-57.0% |
| Admin fee / account holder | $396 | $400-1.2% | $13,987-97.2% | $513-22.9% |