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| Provider | Service type | Compensation |
|---|---|---|
MILLIMAN, INC.1 year Service code 15 · EIN 91-0675641 | Recordkeeping | $12,505 |
Service code 12 · EIN 13-3689044 | Claims processing; Sales loads (front... | $12,385 |
MATRIX TRUST COMPANY1 year Service code 19 · EIN 75-3182674 | Securities Custodian | $1,250 |
CHARLES SCHWAB & CO., INC.6+ years Service code 33 | Securities brokerage; Securities brok... | $0 |
NATIONAL FINANCIAL SERVICES6+ years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
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 | $236,196 | $58,895+301.0% | $178,503+32.3% | $73,497+221.4% |
| Participation rate | 96.6% | 66.2%+30.4pp | 81.9%+14.7pp | 70.7%+25.9pp |
| Annual return | 17.70% | 24.86%-7.2pp | 151.12%-133.4pp | 28.51%-10.8pp |
| Employer contribution / active EE | $8,568 | $2,236+283.2% | $5,011+71.0% | $2,270+277.4% |
| Participant deferral / active EE | $6,694 | $2,567+160.8% | $5,202+28.7% | $3,740+79.0% |
| Admin fee / account holder | $488 | $400+22.0% | $13,987-96.5% | $513-4.8% |