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| Provider | Service type | Compensation |
|---|---|---|
NATIONAL BANK OF INDIANAPOLIS8+ years Filed as: THE NATIONAL BANK OF INDIANAPOLIS Service code 21 · EIN 35-1536559 | Bank Trustee | $14,471 |
NYHART8+ years Service code 15 · EIN 35-0966414 | Recordkeeping | $10,805 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 | $57,684 | $49,199+17.2% | $121,204-52.4% | $75,173-23.3% |
| Participation rate | 88.9% | 55.4%+33.5pp | 69.5%+19.4pp | 67.2%+21.7pp |
| Annual return | 11.73% | 56.04%-44.3pp | 987.18%-975.4pp | 160.72%-149.0pp |
| Employer contribution / active EE | $1,929 | $1,547+24.7% | $4,170-53.7% | $2,671-27.8% |
| Participant deferral / active EE | $2,178 | $2,630-17.2% | $4,083-46.6% | $4,126-47.2% |
| Admin fee / account holder | $302 | $3,946-92.3% | $5,651-94.7% | $5,651-94.7% |