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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS1 year Filed as: AMERICAN FUNDS RETIREMENT SERVICES Service code 15 · EIN 95-6817943 | Recordkeeping | $655 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $124,018 | $69,977+77.2% | $108,582+14.2% | $62,881+97.2% |
| Participation rate | 100.0% | 72.9%+27.1pp | 79.6%+20.4pp | 69.3%+30.7pp |
| Annual return | 6.33% | 10.73%-4.4pp | -51.70%+58.0pp | 20.14%-13.8pp |
| Employer contribution / active EE | $6,632 | $2,135+210.7% | $3,758+76.5% | $2,281+190.8% |
| Participant deferral / active EE | $1,138 | $3,165-64.0% | $4,311-73.6% | $3,203-64.5% |
| Admin fee / account holder | $8 | $5,076-99.9% | $7,645-99.9% | $4,296-99.8% |