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| Provider | Service type | Compensation |
|---|---|---|
ALLIANCE BENEFIT GROUP4+ years Filed as: ALLIANCE BENEFIT GROUP OF MI, INC. Service code 15 · EIN 38-2738460 | Recordkeeping | $37,273 |
PLANTE & MORAN, PLLC4+ years Filed as: PLANTE & MORAN FINANCIAL ADVISORS Service code 10 · EIN 38-3123123 | Accounting | $25,958 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $5,813 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $19,268 | $75,388-74.4% | $123,553-84.4% | $55,725-65.4% |
| Participation rate | 82.2% | 75.7%+6.5pp | 82.3%-0.1pp | 70.9%+11.3pp |
| Annual return | -8.06% | 4.48%-12.5pp | 119.21%-127.3pp | 244.93%-253.0pp |
| Employer contribution / active EE | $926 | $3,063-69.8% | $4,628-80.0% | $2,078-55.4% |
| Participant deferral / active EE | $2,809 | $5,651-50.3% | $6,426-56.3% | $3,356-16.3% |
| Admin fee / account holder | $161 | $120+34.3% | $9,284-98.3% | $115+39.7% |