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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC3 years Service code 15 · EIN 11-3665754 | Recordkeeping | $6,830 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,362 | $43,133-38.9% | $89,435-70.5% | $73,497-64.1% |
| Participation rate | 51.8% | 55.0%-3.2pp | 68.0%-16.2pp | 70.7%-18.9pp |
| Annual return | 12.19% | 135.66%-123.5pp | 245.55%-233.4pp | 28.51%-16.3pp |
| Employer contribution / active EE | $785 | $1,438-45.4% | $2,587-69.6% | $2,270-65.4% |
| Participant deferral / active EE | $1,249 | $2,445-48.9% | $3,890-67.9% | $3,740-66.6% |
| Admin fee / account holder | $80 | $444-81.9% | $4,884-98.4% | $513-84.3% |