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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS3 years Filed as: AMERICAN FUNDS RETIREMENT SERVICES Service code 15 · EIN 95-6817943 | Recordkeeping | $1,000 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $123,134 | $72,404+70.1% | $110,243+11.7% | $64,173+91.9% |
| Participation rate | 100.0% | 73.3%+26.7pp | 79.8%+20.2pp | 69.6%+30.4pp |
| Annual return | -5.08% | -6.29%+1.2pp | 314.76%-319.8pp | 7.63%-12.7pp |
| Employer contribution / active EE | $6,269 | $2,282+174.8% | $3,827+63.8% | $2,381+163.3% |
| Participant deferral / active EE | $1,240 | $3,469-64.3% | $4,672-73.5% | $3,470-64.3% |
| Admin fee / account holder | $8 | $5,664-99.9% | $8,548-99.9% | $4,887-99.8% |