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| Provider | Service type | Compensation |
|---|---|---|
METLIFE LIFE INSURANCE COMPANY1+ years Service code 64 11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277 | Recordkeeping Fees | $76,003 |
Service code 37 · EIN 04-2647786 | Loan Processing | $17,379 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $30,056 | $44,989-33.2% | $170,435-82.4% | $77,958-61.4% |
| Participation rate | 90.1% | 64.6%+25.5pp | 83.6%+6.5pp | 71.6%+18.5pp |
| Annual return | 17.97% | 19.61%-1.6pp | 205.94%-188.0pp | 20.87%-2.9pp |
| Employer contribution / active EE | $1,329 | $1,466-9.4% | $5,432-75.5% | $2,310-42.5% |
| Participant deferral / active EE | $1,956 | $2,208-11.4% | $4,939-60.4% | $3,537-44.7% |
| Admin fee / account holder | $43 | $69-37.8% | $13,881-99.7% | $97-56.0% |