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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287 | Directed Trustee | $16,633 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $17,123 | $85,515-80.0% | $112,040-84.7% | $67,986-74.8% |
| Participation rate | 96.8% | 68.2%+28.6pp | 76.5%+20.3pp | 57.2%+39.6pp |
| Annual return | 14.08% | 29.68%-15.6pp | 24.52%-10.4pp | 31.67%-17.6pp |
| Employer contribution / active EE | $347 | $2,191-84.2% | $2,954-88.3% | $2,019-82.8% |
| Participant deferral / active EE | $2,749 | $4,014-31.5% | $5,098-46.1% | $3,358-18.1% |
| Admin fee / account holder | $122 | $3,774-96.8% | $12,098-99.0% | $3,203-96.2% |