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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 30-0219031 | Recordkeeping | $113,363 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $203,709 | $79,438+156.4% | $106,555+91.2% | $79,391+156.6% |
| Participation rate | 100.0% | 74.2%+25.8pp | 76.1%+23.9pp | 70.7%+29.3pp |
| Annual return | 13.24% | 18.27%-5.0pp | 26.80%-13.6pp | 116.88%-103.6pp |
| Employer contribution / active EE | $4,587 | $2,235+105.3% | $2,819+62.7% | $2,428+88.9% |
| Participant deferral / active EE | $4,683 | $3,824+22.5% | $4,399+6.5% | $4,046+15.8% |
| Admin fee / account holder | $782 | $523+49.5% | $7,408-89.4% | $627+24.8% |