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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $4,807 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,502 | $51,226-77.5% | $82,744-86.1% | $66,938-82.8% |
| Participation rate | 21.3% | 67.9%-46.5pp | 72.6%-51.2pp | 69.8%-48.5pp |
| Annual return | 0.00% | -9.61%+9.6pp | 702.22%-702.2pp | 1.58%-1.6pp |
| Employer contribution / active EE | $485 | $2,612-81.4% | $3,008-83.9% | $2,545-81.0% |
| Participant deferral / active EE | $1,492 | $3,460-56.9% | $4,395-66.0% | $4,238-64.8% |
| Admin fee / account holder | $42 | $416-89.8% | $5,325-99.2% | $594-92.9% |