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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $1,215 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $82,870 | $82,028+1.0% | $123,105-32.7% | $59,633+39.0% |
| Participation rate | 70.2% | 83.2%-13.0pp | 86.8%-16.6pp | 68.7%+1.5pp |
| Annual return | 0.09% | 5.12%-5.0pp | 13.22%-13.1pp | 2041.45%-2041.4pp |
| Employer contribution / active EE | $197 | $3,297-94.0% | $5,151-96.2% | $2,203-91.1% |
| Participant deferral / active EE | $3,383 | $4,667-27.5% | $6,229-45.7% | $3,192+6.0% |
| Admin fee / account holder | $16 | $5,879-99.7% | $9,014-99.8% | $4,297-99.6% |