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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $1,943 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $59,727 | $60,488-1.3% | $109,907-45.7% | $79,391-24.8% |
| Participation rate | 54.7% | 67.0%-12.3pp | 74.2%-19.5pp | 70.7%-16.0pp |
| Annual return | 10.28% | 189.57%-179.3pp | 29.46%-19.2pp | 116.88%-106.6pp |
| Employer contribution / active EE | $554 | $1,649-66.4% | $2,844-80.5% | $2,428-77.2% |
| Participant deferral / active EE | $1,603 | $3,220-50.2% | $4,047-60.4% | $4,046-60.4% |
| Admin fee / account holder | $417 | $605-30.9% | $6,069-93.1% | $627-33.4% |