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| Provider | Service type | Compensation |
|---|---|---|
ALLIANCE BENEFIT GROUP2+ years Filed as: ALLIANCE BENEFIT GROUP OF MI, INC. Service code 15 · EIN 38-2738460 | Recordkeeping | $23,161 |
ABG PORTFOLIO STRATEGIES, INC.2+ years Service code 16 · EIN 38-3462761 | Consulting | $16,957 |
Filed as: CHARLES SCHWAB BANK Service code 15 · EIN 42-1558009 | Recordkeeping | $5,217 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $107,562 | $60,165+78.8% | $74,184+45.0% | $55,167+95.0% |
| Participation rate | 100.0% | 74.2%+25.8pp | 76.6%+23.4pp | 69.0%+31.0pp |
| Annual return | 6.05% | 10.00%-3.9pp | 17.74%-11.7pp | 169.23%-163.2pp |
| Employer contribution / active EE | $4,591 | $1,600+187.0% | $2,370+93.7% | $1,963+133.9% |
| Participant deferral / active EE | $6,655 | $2,973+123.9% | $3,550+87.5% | $3,054+117.9% |
| Admin fee / account holder | $341 | $419-18.8% | $5,586-93.9% | $504-32.4% |