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| Provider | Service type | Compensation |
|---|---|---|
PARK AVENUE SECURITIES LLC3+ years Filed as: PARK NATIONAL BANK Service code 15 · EIN 31-1198067 50 N. THIRD STREET · NEWARK, OH 43055 | Recordkeeping | $29,761 |
Filed as: REA & ASSOCIATES, INC. Service code 10 · EIN 34-1310124 212 NORTH WASHINGTON ST · MILLERSBURG, OH 446541122 | Accounting | $8,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $18,164 | $28,416-36.1% | $73,550-75.3% | $69,631-73.9% |
| Participation rate | 28.6% | 38.3%-9.8pp | 54.9%-26.4pp | 70.7%-42.1pp |
| Annual return | 18.52% | -694.13%+712.7pp | -15.16%+33.7pp | 27571.02%-27552.5pp |
| Employer contribution / active EE | $130 | $430-69.7% | $1,219-89.3% | $2,032-93.6% |
| Participant deferral / active EE | $394 | $897-56.1% | $1,804-78.2% | $3,224-87.8% |
| Admin fee / account holder | $140 | $104+34.0% | $2,320-94.0% | $110+26.6% |