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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 36-4389114 | Recordkeeping | $24,051 |
VAUGHN FINANCIAL SERVICES3+ years Service code 26 · EIN 26-2852104 | Advisory (Participants) | $7,180 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $29,619 | $67,602-56.2% | $82,312-64.0% | $70,126-57.8% |
| Participation rate | 90.8% | 72.8%+18.0pp | 76.9%+13.9pp | 69.5%+21.3pp |
| Annual return | 13.77% | 21.57%-7.8pp | 25.88%-12.1pp | 73.15%-59.4pp |
| Employer contribution / active EE | $458 | $1,755-73.9% | $2,428-81.1% | $2,343-80.4% |
| Participant deferral / active EE | $1,884 | $2,987-36.9% | $3,706-49.2% | $3,332-43.5% |
| Admin fee / account holder | $321 | $4,512-92.9% | $5,608-94.3% | $4,645-93.1% |