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| Provider | Service type | Compensation |
|---|---|---|
PLANTE & MORAN, PLLC1 year Filed as: PLANTE MORAN FINANCIAL SERVICES Service code 26 · EIN 38-3123123 | Advisory (Participants) | $37,475 |
Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $6,982 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $119,884 | $89,652+33.7% | $141,162-15.1% | $65,185+83.9% |
| Participation rate | 99.1% | 74.7%+24.4pp | 82.5%+16.7pp | 70.2%+28.9pp |
| Annual return | 6.60% | 32.79%-26.2pp | 71.39%-64.8pp | 29.38%-22.8pp |
| Employer contribution / active EE | $4,387 | $3,065+43.1% | $4,735-7.4% | $2,177+101.5% |
| Participant deferral / active EE | $5,695 | $5,691+0.1% | $6,709-15.1% | $3,514+62.1% |
| Admin fee / account holder | $334 | $569-41.2% | $10,261-96.7% | $847-60.5% |