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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 41-1276678 | Recordkeeping | $27,472 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $78,210 | $67,602+15.7% | $82,312-5.0% | $70,126+11.5% |
| Participation rate | 58.9% | 72.8%-13.8pp | 76.9%-17.9pp | 69.5%-10.6pp |
| Annual return | 17.80% | 21.57%-3.8pp | 25.88%-8.1pp | 73.15%-55.3pp |
| Employer contribution / active EE | $1,165 | $1,755-33.6% | $2,428-52.0% | $2,343-50.3% |
| Participant deferral / active EE | $2,163 | $2,987-27.6% | $3,706-41.6% | $3,332-35.1% |
| Admin fee / account holder | $383 | $4,512-91.5% | $5,608-93.2% | $4,645-91.8% |