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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $25,754 |
Filed as: GLOBAL RETIREMENT PARTNERS Service code 55 4340 REDWOOD HIGHWAY · SAN RAFAEL, CA 94903 | Other Commissions | $19,000 |
SIKICH LLP3 years Service code 10 · EIN 36-3168081 | Accounting | $18,400 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $111,063 | $106,236+4.5% | $112,263-1.1% | $64,824+71.3% |
| Participation rate | 44.0% | 71.7%-27.7pp | 75.1%-31.0pp | 71.5%-27.5pp |
| Annual return | -16.39% | -6.02%-10.4pp | 27.49%-43.9pp | 32.84%-49.2pp |
| Employer contribution / active EE | $1,751 | $3,167-44.7% | $3,636-51.8% | $2,507-30.2% |
| Participant deferral / active EE | $2,890 | $3,786-23.7% | $4,729-38.9% | $4,311-33.0% |
| Admin fee / account holder | $357 | $452-21.0% | $6,410-94.4% | $188+89.9% |