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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930 | Recordkeeping | $1,935 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,149 | $43,133+9.3% | $89,391-47.3% | $73,488-35.8% |
| Participation rate | 48.3% | 55.0%-6.7pp | 68.0%-19.7pp | 70.7%-22.4pp |
| Annual return | 16.05% | 135.66%-119.6pp | 245.62%-229.6pp | 28.51%-12.5pp |
| Employer contribution / active EE | $1,112 | $1,438-22.6% | $2,586-57.0% | $2,270-51.0% |
| Participant deferral / active EE | $1,710 | $2,445-30.0% | $3,890-56.0% | $3,740-54.3% |
| Admin fee / account holder | $30 | $444-93.2% | $4,881-99.4% | $513-94.1% |