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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 16-1503696 | Recordkeeping | $173,237 |
REDHAWK WEALTH ADVISORS8 years Service code 27 · EIN 26-1948684 7400 METRO BLVD. #400 · MINNEAPOLIS, MN 55439 | Advisory (Plan) | $13,799 |
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 | $87,079 | $92,076-5.4% | $105,608-17.5% | $77,714+12.1% |
| Participation rate | 89.8% | 81.0%+8.8pp | 75.3%+14.5pp | 70.6%+19.2pp |
| Annual return | 13.60% | 17.84%-4.2pp | 116.50%-102.9pp | 31.26%-17.7pp |
| Employer contribution / active EE | $1,522 | $3,370-54.8% | $3,167-51.9% | $2,727-44.2% |
| Participant deferral / active EE | $6,089 | $5,390+13.0% | $5,010+21.5% | $4,649+31.0% |
| Admin fee / account holder | $228 | $219+3.9% | $11,028-97.9% | $433-47.5% |