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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $48,231 |
Filed as: FIDUCIARY FIRST, LLC Service code 16 · EIN 20-5582309 | Consulting | $43,954 |
Filed as: CBIZ MHM, LLC Service code 10 · EIN 43-1947695 | Accounting | $14,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported that benefits due were not provided when due.
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 | $65,515 | $118,101-44.5% | $106,387-38.4% | $75,289-13.0% |
| Participation rate | 58.0% | 81.4%-23.4pp | 77.5%-19.4pp | 72.4%-14.4pp |
| Annual return | 8.30% | -2.42%+10.7pp | 0.25%+8.1pp | -0.04%+8.3pp |
| Employer contribution / active EE | $1,471 | $2,880-48.9% | $3,520-58.2% | $2,405-38.8% |
| Participant deferral / active EE | $2,951 | $4,681-37.0% | $5,421-45.6% | $3,739-21.1% |
| Admin fee / account holder | $43 | $85-49.4% | $7,510-99.4% | $102-58.2% |