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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $126,339 |
TBS AGENCY INC5 years Service code 49 · EIN 52-1473914 | Other Services | $9,503 |
Service code 37 · EIN 04-2647786 | Loan Processing | $4,030 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,696 | $53,254-10.4% | $155,574-69.3% | $199,921-76.1% |
| Participation rate | 35.2% | 64.1%-28.9pp | 78.2%-43.0pp | 72.0%-36.8pp |
| Annual return | 16.92% | 41.18%-24.3pp | 64.87%-48.0pp | 34.28%-17.4pp |
| Employer contribution / active EE | $1,042 | $1,848-43.6% | $4,676-77.7% | $3,035-65.7% |
| Participant deferral / active EE | $2,170 | $3,165-31.4% | $5,629-61.4% | $5,089-57.4% |
| Admin fee / account holder | $92 | $186-50.6% | $15,914-99.4% | $269-66.0% |