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| Provider | Service type | Compensation |
|---|---|---|
NATIONAL BANK OF INDIANAPOLIS1+ years Filed as: THE NATIONAL BANK OF INDIANAPOLIS Service code 21 · EIN 35-1536559 | Bank Trustee | $17,685 |
NYHART1+ years Service code 15 · EIN 35-0966414 | Recordkeeping | $11,760 |
SOMERSET CPAS1+ years Filed as: SOMERSET CPAS, PC Service code 10 · EIN 20-1717681 | Accounting | $8,000 |
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $45,216 | $38,969+16.0% | $109,313-58.6% | $55,167-18.0% |
| Participation rate | 95.2% | 58.2%+37.0pp | 71.3%+24.0pp | 69.0%+26.2pp |
| Annual return | 1.45% | 8.26%-6.8pp | 22.07%-20.6pp | 169.23%-167.8pp |
| Employer contribution / active EE | $740 | $1,227-39.7% | $3,892-81.0% | $1,963-62.3% |
| Participant deferral / active EE | $1,463 | $2,176-32.8% | $3,166-53.8% | $3,054-52.1% |
| Admin fee / account holder | $297 | $501-40.7% | $5,666-94.8% | $504-41.0% |