Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES1+ years Service code 15 400 AUSTIN AVE. · WACO, TX 76701 | Recordkeeping | $6,013 |
ADVISORY SERVICES NETWORK LLC1+ years Service code 27 · EIN 75-3099290 | Advisory (Plan) | $5,019 |
NEWPORT GROUP, INC.1+ years Service code 15 · EIN 27-2037969 | Recordkeeping | $1,233 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $626 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $18,016 | $34,242-47.4% | $76,518-76.5% | $75,289-76.1% |
| Participation rate | 3.3% | 43.9%-40.6pp | 68.0%-64.7pp | 72.4%-69.1pp |
| Annual return | 0.00% | -0.98%+1.0pp | -0.27%+0.3pp | -0.04%0pp |
| Employer contribution / active EE | $0 | $975-100.0% | $2,647-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $111 | $1,872-94.1% | $3,836-97.1% | $3,739-97.0% |
| Admin fee / account holder | $206 | $112+83.8% | $4,849-95.8% | $102+101.1% |