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| Provider | Service type | Compensation |
|---|---|---|
SENTRY LIFE INSURANCE COMPANY4+ years Service code 64 · EIN 39-6040276 | Recordkeeping Fees | $7,343 |
Participant contribution per participant 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 | $16,873 | $58,093-71.0% | $80,022-78.9% | $56,289-70.0% |
| Participation rate | 77.2% | 73.6%+3.6pp | 75.8%+1.4pp | 69.9%+7.4pp |
| Annual return | -2.10% | 34.63%-36.7pp | 11.22%-13.3pp | -9.96%+7.9pp |
| Employer contribution / active EE | $647 | $1,933-66.5% | $2,468-73.8% | $2,111-69.3% |
| Participant deferral / active EE | $1,394 | $3,136-55.5% | $3,686-62.2% | $3,350-58.4% |
| Admin fee / account holder | $58 | $623-90.7% | $6,521-99.1% | $521-88.8% |