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| Provider | Service type | Compensation |
|---|---|---|
INGHAM & COMPANY2 years Service code 13 · EIN 65-0170152 | Contract Administrator | $61,420 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,368 | $65,092+2.0% | $143,799-53.8% | $66,938-0.9% |
| Participation rate | 62.4% | 65.2%-2.8pp | 80.3%-17.9pp | 69.8%-7.4pp |
| Annual return | -17.64% | -11.14%-6.5pp | -0.04%-17.6pp | 1.58%-19.2pp |
| Employer contribution / active EE | $1,990 | $2,362-15.7% | $4,952-59.8% | $2,545-21.8% |
| Participant deferral / active EE | $5,201 | $2,920+78.1% | $5,638-7.8% | $4,238+22.7% |
| Admin fee / account holder | $416 | $502-17.3% | $14,677-97.2% | $594-30.0% |