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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $31,939 |
NFP RETIREMENT INC3 years Service code 99 · EIN 33-0905143 | Other Fees | $17,573 |
ARMANINO LLP2 years Service code 10 · EIN 94-6214841 | Accounting | $13,781 |
Filed as: SCOTT MILLER CPA & ASSOCIATES INC. Service code 10 · EIN 87-3523115 | Accounting | $12,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $27,990 | $73,459-61.9% | $178,528-84.3% | $74,429-62.4% |
| Participation rate | 39.8% | 66.5%-26.7pp | 77.1%-37.3pp | 67.2%-27.4pp |
| Annual return | 13.79% | 17.50%-3.7pp | 27.11%-13.3pp | 1368.38%-1354.6pp |
| Employer contribution / active EE | $710 | $2,219-68.0% | $3,950-82.0% | $2,625-72.9% |
| Participant deferral / active EE | $3,883 | $4,515-14.0% | $6,278-38.2% | $4,348-10.7% |
| Admin fee / account holder | $279 | $1,812-84.6% | $10,419-97.3% | $1,944-85.7% |