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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $25,169 |
Service code 35 · EIN 33-0965544 | Employee (plan sponsor) | $21,000 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $13,111 | $62,132-78.9% | $185,861-92.9% | $73,497-82.2% |
| Participation rate | 86.3% | 67.8%+18.5pp | 78.0%+8.3pp | 70.7%+15.7pp |
| Annual return | 16.87% | 20.44%-3.6pp | 35.96%-19.1pp | 28.51%-11.6pp |
| Employer contribution / active EE | $653 | $1,681-61.2% | $4,088-84.0% | $2,270-71.2% |
| Participant deferral / active EE | $2,396 | $3,711-35.4% | $5,634-57.5% | $3,740-35.9% |
| Admin fee / account holder | $128 | $419-69.5% | $9,503-98.7% | $513-75.1% |