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| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES1+ years Filed as: JULY BUSINESS SERVICES, INC. Service code 13 P.O. BOX 2208 · WACO, TX 76703 | Contract Administrator | $54,844 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $62,544 | $70,002-10.7% | $115,038-45.6% | $52,331+19.5% |
| Participation rate | 81.7% | 72.1%+9.6pp | 81.4%+0.4pp | 68.1%+13.6pp |
| Annual return | -1.20% | 4.04%-5.2pp | 26.14%-27.3pp | 4.54%-5.7pp |
| Employer contribution / active EE | $3,131 | $2,715+15.3% | $4,608-32.1% | $1,882+66.4% |
| Participant deferral / active EE | $4,792 | $4,920-2.6% | $6,026-20.5% | $3,022+58.6% |
| Admin fee / account holder | $422 | $566-25.5% | $8,175-94.8% | $592-28.7% |