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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 13 · EIN 11-3665754 | Contract Administrator | $19,521 |
NATIONAL ASSOCIATES, INC.1+ years Service code 15 · EIN 34-0677453 20325 CENTER RIDGE ROAD · CLEVELAND, OH 44116 | Recordkeeping | $3,560 |
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).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $10,959 | $37,117-70.5% | $147,617-92.6% | $55,191-80.1% |
| Participation rate | 88.2% | 63.6%+24.6pp | 84.6%+3.6pp | 69.2%+19.0pp |
| Annual return | -1.30% | 3.44%-4.7pp | 61.98%-63.3pp | 10.78%-12.1pp |
| Employer contribution / active EE | $1,415 | $1,620-12.7% | $5,564-74.6% | $1,899-25.5% |
| Participant deferral / active EE | $1,247 | $1,985-37.2% | $4,895-74.5% | $3,046-59.1% |
| Admin fee / account holder | $11 | $86-86.8% | $11,612-99.9% | $91-87.6% |