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| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES2 years Filed as: JULY BUSINESS SERVICES LLC Service code 15 400 AUSTIN AVE. · WACO, TX 76701 | Recordkeeping | $0 |
Service code 27 201 EAST LIBERTY, SUITE 22 · ANN ARBOR, MI 48104 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,396 | $37,317-31.9% | $77,027-67.0% | $77,912-67.4% |
| Participation rate | 2.5% | 46.9%-44.3pp | 67.9%-65.4pp | 73.7%-71.1pp |
| Annual return | -13.74% | -5.88%-7.9pp | 42.32%-56.1pp | 12.20%-25.9pp |
| Employer contribution / active EE | $94 | $1,218-92.3% | $2,813-96.7% | $2,848-96.7% |
| Participant deferral / active EE | $0 | $2,564-100.0% | $4,427-100.0% | $4,807-100.0% |
| Admin fee / account holder | $240 | $126+90.7% | $5,425-95.6% | $133+80.8% |