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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC3 years Service code 15 · EIN 11-3665754 | Recordkeeping | $17,342 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,871 | $55,636-46.3% | $81,982-63.6% | $73,497-59.4% |
| Participation rate | 43.5% | 62.3%-18.8pp | 69.3%-25.7pp | 70.7%-27.2pp |
| Annual return | 15.20% | 19.07%-3.9pp | 41.31%-26.1pp | 28.51%-13.3pp |
| Employer contribution / active EE | $408 | $1,625-74.9% | $2,498-83.7% | $2,270-82.0% |
| Participant deferral / active EE | $1,329 | $2,762-51.9% | $3,722-64.3% | $3,740-64.5% |
| Admin fee / account holder | $128 | $493-74.1% | $5,665-97.7% | $513-75.1% |