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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Service code 15 · EIN 11-3665754 | Recordkeeping | $2,745 |
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).
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 | $25,197 | $47,922-47.4% | $75,900-66.8% | $65,186-61.3% |
| Participation rate | 55.4% | 63.0%-7.6pp | 69.3%-13.9pp | 70.2%-14.8pp |
| Annual return | 23.34% | 24.12%-0.8pp | 30.73%-7.4pp | 29.39%-6.0pp |
| Employer contribution / active EE | $495 | $1,557-68.2% | $2,501-80.2% | $2,177-77.3% |
| Participant deferral / active EE | $1,554 | $2,550-39.1% | $3,604-56.9% | $3,514-55.8% |
| Admin fee / account holder | $20 | $532-96.2% | $5,421-99.6% | $847-97.6% |