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| Provider | Service type | Compensation |
|---|---|---|
INGHAM & COMPANY2+ years Filed as: INGHAM & COMAPNY Service code 13 · EIN 65-0170152 | Contract Administrator | $17,877 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $25,482 | $46,732-45.5% | $156,551-83.7% | $55,167-53.8% |
| Participation rate | 65.4% | 65.8%-0.4pp | 84.0%-18.6pp | 69.0%-3.6pp |
| Annual return | 9.23% | 17.72%-8.5pp | 32.23%-23.0pp | 169.23%-160.0pp |
| Employer contribution / active EE | $1,901 | $2,105-9.7% | $5,501-65.5% | $1,963-3.2% |
| Participant deferral / active EE | $4,442 | $2,204+101.5% | $4,871-8.8% | $3,054+45.4% |
| Admin fee / account holder | $155 | $418-62.9% | $13,028-98.8% | $504-69.2% |