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| Provider | Service type | Compensation |
|---|---|---|
ALLIANCE BENEFIT GROUP1+ years Filed as: ALLIANCE BENEFIT GROUP OF MI, INC. Service code 15 · EIN 38-2738460 | Recordkeeping | $18,639 |
ABG PORTFOLIO STRATEGIES, INC.1+ years Service code 16 · EIN 38-3462761 | Consulting | $15,650 |
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 | $93,034 | $54,320+71.3% | $67,652+37.5% | $52,331+77.8% |
| Participation rate | 99.2% | 73.6%+25.6pp | 75.7%+23.5pp | 68.1%+31.0pp |
| Annual return | 0.19% | 6.81%-6.6pp | 6625.40%-6625.2pp | 4.54%-4.4pp |
| Employer contribution / active EE | $3,604 | $1,544+133.4% | $2,266+59.1% | $1,882+91.5% |
| Participant deferral / active EE | $6,102 | $2,950+106.8% | $3,560+71.4% | $3,022+101.9% |
| Admin fee / account holder | $276 | $527-47.5% | $4,821-94.3% | $592-53.3% |