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| Provider | Service type | Compensation |
|---|---|---|
CHOREO LLC1 year Service code 27 · EIN 41-1944416 | Advisory (Plan) | $40,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $29,559 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,090 | $65,453-5.1% | $86,698-28.4% | $66,938-7.2% |
| Participation rate | 99.5% | 75.5%+24.0pp | 76.6%+22.9pp | 69.8%+29.6pp |
| Annual return | -17.71% | -10.89%-6.8pp | 35.95%-53.7pp | 1.58%-19.3pp |
| Employer contribution / active EE | $3,075 | $2,154+42.8% | $2,837+8.4% | $2,545+20.8% |
| Participant deferral / active EE | $5,945 | $4,102+44.9% | $4,656+27.7% | $4,238+40.3% |
| Admin fee / account holder | $353 | $642-45.0% | $7,493-95.3% | $594-40.5% |