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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $137 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $17,252 | $75,183-77.1% | $123,894-86.1% | $55,167-68.7% |
| Participation rate | 41.1% | 72.8%-31.7pp | 81.4%-40.3pp | 69.0%-27.9pp |
| Annual return | 9.72% | 19.01%-9.3pp | 47.52%-37.8pp | 169.23%-159.5pp |
| Employer contribution / active EE | $372 | $2,823-86.8% | $4,617-91.9% | $1,963-81.0% |
| Participant deferral / active EE | $2,325 | $5,084-54.3% | $5,984-61.2% | $3,054-23.9% |
| Admin fee / account holder | $2 | $663-99.8% | $8,357-100.0% | $504-99.7% |