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| Provider | Service type | Compensation |
|---|---|---|
HUNTINGTON NATIONAL BANK4+ years Service code 27 40 PEARL ST NW MI 230 · GRAND RAPIDS, MI 49506 | Advisory (Plan) | $25,255 |
THE VANGUARD GROUP, INC.3 years Service code 15 · EIN 23-1945930 | Recordkeeping | $19,436 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,683 | $65,453-53.1% | $86,698-64.6% | $66,938-54.2% |
| Participation rate | 98.3% | 75.5%+22.8pp | 76.6%+21.7pp | 69.8%+28.4pp |
| Annual return | -12.40% | -10.89%-1.5pp | 35.95%-48.3pp | 1.58%-14.0pp |
| Employer contribution / active EE | $737 | $2,154-65.8% | $2,837-74.0% | $2,545-71.1% |
| Participant deferral / active EE | $3,597 | $4,102-12.3% | $4,656-22.8% | $4,238-15.1% |
| Admin fee / account holder | $162 | $642-74.8% | $7,493-97.8% | $594-72.7% |