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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $17,707 |
Service code 27 · EIN 83-2499358 | Advisory (Plan) | $7,555 |
LABRUM WEALTH MANAGEMENT1 year Service code 27 · EIN 27-0909398 | Advisory (Plan) | $2,600 |
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $53,587 | $65,378-18.0% | $87,103-38.5% | $65,186-17.8% |
| Participation rate | 58.1% | 75.3%-17.2pp | 76.9%-18.8pp | 70.2%-12.1pp |
| Annual return | 23.13% | 31.28%-8.1pp | 28.19%-5.1pp | 29.39%-6.3pp |
| Employer contribution / active EE | $1,613 | $1,823-11.5% | $2,521-36.0% | $2,177-25.9% |
| Participant deferral / active EE | $4,905 | $3,389+44.7% | $4,049+21.1% | $3,514+39.6% |
| Admin fee / account holder | $377 | $520-27.6% | $7,491-95.0% | $847-55.6% |