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| Provider | Service type | Compensation |
|---|---|---|
PLANTE & MORAN, PLLC2 years Filed as: PLANTE MORAN FINANCIAL SERVICES Service code 26 · EIN 38-3123123 | Advisory (Participants) | $45,104 |
Filed as: SENTINEL BENEFITS GROUP, LLC Service code 15 · EIN 20-5916766 | Recordkeeping | $6,440 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $5,469 |
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.
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 | $109,094 | $99,957+9.1% | $149,730-27.1% | $73,493+48.4% |
| Participation rate | 99.1% | 75.7%+23.4pp | 82.5%+16.6pp | 70.7%+28.4pp |
| Annual return | 1.48% | 53.87%-52.4pp | 276.70%-275.2pp | 28.51%-27.0pp |
| Employer contribution / active EE | $3,879 | $3,191+21.5% | $4,645-16.5% | $2,270+70.9% |
| Participant deferral / active EE | $6,836 | $6,073+12.6% | $6,843-0.1% | $3,740+82.8% |
| Admin fee / account holder | $377 | $551-31.6% | $9,310-96.0% | $513-26.5% |