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| Provider | Service type | Compensation |
|---|---|---|
CAPFINANCIAL PARTNERS LLC8+ years Filed as: CAPTRUST INVESTMENT ADVISORS Service code 26 8031 M15 · CLARKSTON, MI 48348 | Advisory (Participants) | $44,184 |
MILLIMAN, INC.2 years Service code 15 · EIN 91-0675641 | Recordkeeping | $38,407 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO, INC. Service code 19 · EIN 94-1737782 | Securities Custodian | $0 |
CHARLES SCHWAB & CO., INC.2 years Service code 19 | Securities Custodian | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,288 | $65,453-58.3% | $86,691-68.5% | $66,930-59.2% |
| Participation rate | 93.0% | 75.5%+17.5pp | 76.6%+16.4pp | 69.8%+23.2pp |
| Annual return | -17.02% | -10.89%-6.1pp | 35.94%-53.0pp | 1.57%-18.6pp |
| Employer contribution / active EE | $1,983 | $2,154-8.0% | $2,837-30.1% | $2,545-22.1% |
| Participant deferral / active EE | $3,350 | $4,102-18.3% | $4,656-28.1% | $4,238-21.0% |
| Admin fee / account holder | $336 | $642-47.7% | $7,492-95.5% | $593-43.4% |