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| Provider | Service type | Compensation |
|---|---|---|
ALLIANCE BENEFIT GROUP3+ years Filed as: ALLIANCE BENEFIT GROUP OF MI, INC. Service code 15 · EIN 38-2738460 | Recordkeeping | $23,307 |
ABG PORTFOLIO STRATEGIES, INC.3+ years Service code 16 · EIN 38-3462761 | Consulting | $19,650 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 15 · EIN 42-1558009 | Recordkeeping | $2,889 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $208,432 | $64,909+221.1% | $82,312+153.2% | $62,293+234.6% |
| Participation rate | 99.2% | 74.9%+24.4pp | 76.9%+22.3pp | 69.5%+29.7pp |
| Annual return | 117.81% | 21.18%+96.6pp | 25.88%+91.9pp | 28.90%+88.9pp |
| Employer contribution / active EE | $3,996 | $1,676+138.4% | $2,428+64.6% | $2,042+95.7% |
| Participant deferral / active EE | $5,713 | $3,103+84.1% | $3,706+54.1% | $3,169+80.3% |
| Admin fee / account holder | $300 | $440-31.7% | $5,608-94.6% | $479-37.3% |