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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.1+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $33,275 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $1,567 | $45,000-96.5% | $143,788-98.9% | $77,906-98.0% |
| Participation rate | 55.1% | 66.8%-11.7pp | 80.3%-25.2pp | 73.7%-18.6pp |
| Annual return | 0.00% | 29.03%-29.0pp | -0.03%0pp | 12.16%-12.2pp |
| Employer contribution / active EE | $3 | $1,870-99.9% | $4,952-99.9% | $2,846-99.9% |
| Participant deferral / active EE | $1,377 | $3,157-56.4% | $5,638-75.6% | $4,805-71.4% |
| Admin fee / account holder | $20 | $98-79.7% | $14,675-99.9% | $133-84.9% |