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| Provider | Service type | Compensation |
|---|---|---|
LATITUDE SERVICE COMPANY INC2 years Service code 13 · EIN 82-1371994 | Contract Administrator | $3,810 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $13,141 | $34,634-62.1% | $77,096-83.0% | $64,819-79.7% |
| Participation rate | 2.9% | 49.8%-47.0pp | 67.9%-65.1pp | 71.5%-68.6pp |
| Annual return | -17.02% | -5.31%-11.7pp | 42.35%-59.4pp | 32.84%-49.9pp |
| Employer contribution / active EE | $0 | $1,385-100.0% | $2,814-100.0% | $2,507-100.0% |
| Participant deferral / active EE | $99 | $2,553-96.1% | $4,429-97.8% | $4,311-97.7% |
| Admin fee / account holder | $110 | $178-38.4% | $5,428-98.0% | $188-41.5% |