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| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES1 year Filed as: JULY BUSINESS SERVICES, INC. Service code 13 · EIN 74-2715820 | Contract Administrator | $6,526 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,865 | $61,166-59.3% | $185,849-86.6% | $79,391-68.7% |
| Participation rate | 40.3% | 66.6%-26.3pp | 81.7%-41.4pp | 70.7%-30.4pp |
| Annual return | 12.35% | 19.45%-7.1pp | 122.10%-109.7pp | 116.88%-104.5pp |
| Employer contribution / active EE | $623 | $2,321-73.2% | $5,169-88.0% | $2,428-74.4% |
| Participant deferral / active EE | $774 | $2,789-72.2% | $5,569-86.1% | $4,046-80.9% |
| Admin fee / account holder | $226 | $710-68.2% | $16,244-98.6% | $627-63.9% |