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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $34,190 |
ASCENSUS LLC1 year Filed as: BADEN GAGE & SCHROEDER LLC Service code 10 · EIN 03-5193965 | Accounting | $8,570 |
Filed as: BENEFIT PLANS PLUS, LLC Service code 15 · EIN 43-1829594 | Recordkeeping | $5,864 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $20,993 | $46,423-54.8% | $75,900-72.3% | $67,582-68.9% |
| Participation rate | 34.9% | 63.1%-28.2pp | 69.3%-34.4pp | 71.3%-36.4pp |
| Annual return | 31.50% | 32.29%-0.8pp | 30.73%+0.8pp | 378.57%-347.1pp |
| Employer contribution / active EE | $997 | $1,406-29.1% | $2,501-60.1% | $2,148-53.6% |
| Participant deferral / active EE | $1,841 | $2,564-28.2% | $3,604-48.9% | $3,539-48.0% |
| Admin fee / account holder | $230 | $132+74.9% | $5,421-95.7% | $142+62.0% |