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| Provider | Service type | Compensation |
|---|---|---|
CERTIFIED FINANCIAL GROUP3 years Service code 99 · EIN 33-0128386 | Other Fees | $16,000 |
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $10,046 |
HICKS PENSION SERVICES1 year Service code 99 · EIN 77-0155091 | Other Fees | $8,410 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 27 · EIN 36-4317381 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $74,384 | $70,917+4.9% | $98,920-24.8% | $73,497+1.2% |
| Participation rate | 88.3% | 73.8%+14.5pp | 76.0%+12.3pp | 70.7%+17.6pp |
| Annual return | 14.71% | 34.18%-19.5pp | 196.47%-181.8pp | 28.51%-13.8pp |
| Employer contribution / active EE | $0 | $2,037-100.0% | $2,689-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $5,428 | $3,501+55.0% | $4,245+27.9% | $3,740+45.1% |
| Admin fee / account holder | $548 | $535+2.4% | $6,643-91.8% | $513+6.8% |