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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MESIROW FINANCIAL INC Service code 27 353 N CLARK ST. · CHICAGO, IL 60054 | Advisory (Plan) | $18,717 |
Filed as: CAPITLA GROUP RETIREMENT PLAN SVCS Service code 64 6455 IRVINE CENTER DR. · IRVINE, CA 92618 | Recordkeeping Fees | $15,196 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $48,935 | $102,422-52.2% | $147,117-66.7% | $80,959-39.6% |
| Participation rate | 92.7% | 75.9%+16.8pp | 82.2%+10.5pp | 67.7%+25.0pp |
| Annual return | 14.55% | 135.16%-120.6pp | 420.54%-406.0pp | 35.67%-21.1pp |
| Employer contribution / active EE | $2,268 | $3,717-39.0% | $4,932-54.0% | $2,757-17.7% |
| Participant deferral / active EE | $3,974 | $6,652-40.3% | $8,065-50.7% | $4,300-7.6% |
| Admin fee / account holder | $388 | $7,953-95.1% | $12,993-97.0% | $6,925-94.4% |