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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $2,318 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $41,344 | $65,027-36.4% | $90,970-54.6% | $79,852-48.2% |
| Participation rate | 93.8% | 61.6%+32.2pp | 69.0%+24.8pp | 69.6%+24.2pp |
| Annual return | 15.50% | 30.45%-15.0pp | 134.58%-119.1pp | 31.72%-16.2pp |
| Employer contribution / active EE | $1,564 | $1,247+25.4% | $2,122-26.3% | $2,471-36.7% |
| Participant deferral / active EE | $3,524 | $2,512+40.3% | $3,373+4.5% | $3,740-5.8% |
| Admin fee / account holder | $397 | $4,535-91.2% | $5,960-93.3% | $5,306-92.5% |