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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $3,405 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $43,636 | $84,236-48.2% | $170,435-74.4% | $70,126-37.8% |
| Participation rate | 59.1% | 70.8%-11.7pp | 83.6%-24.5pp | 69.5%-10.4pp |
| Annual return | 6.42% | 23.06%-16.6pp | 205.94%-199.5pp | 73.15%-66.7pp |
| Employer contribution / active EE | $0 | $3,387-100.0% | $5,432-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $2,706 | $3,086-12.3% | $4,939-45.2% | $3,332-18.8% |
| Admin fee / account holder | $31 | $5,698-99.5% | $13,881-99.8% | $4,645-99.3% |