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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 36-4389114 | Recordkeeping | $27,131 |
VAUGHN FINANCIAL SERVICES5+ years Service code 26 · EIN 26-2852104 | Advisory (Participants) | $7,735 |
WIPFLI LLP1 year Service code 10 · EIN 39-0758449 | Accounting | $4,075 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $20,497 | $65,378-68.6% | $87,103-76.5% | $65,186-68.6% |
| Participation rate | 92.8% | 75.3%+17.5pp | 76.9%+15.9pp | 70.2%+22.6pp |
| Annual return | 14.67% | 31.28%-16.6pp | 28.19%-13.5pp | 29.39%-14.7pp |
| Employer contribution / active EE | $1,070 | $1,823-41.3% | $2,521-57.6% | $2,177-50.8% |
| Participant deferral / active EE | $2,644 | $3,389-22.0% | $4,049-34.7% | $3,514-24.8% |
| Admin fee / account holder | $230 | $520-55.7% | $7,491-96.9% | $847-72.8% |