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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 41-1276678 | Recordkeeping | $31,346 |
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 | $97,935 | $72,492+35.1% | $87,104+12.4% | $72,975+34.2% |
| Participation rate | 59.3% | 72.8%-13.6pp | 76.9%-17.6pp | 69.5%-10.2pp |
| Annual return | 20.35% | 24.46%-4.1pp | 28.19%-7.8pp | 81.01%-60.7pp |
| Employer contribution / active EE | $1,301 | $1,894-31.3% | $2,521-48.4% | $2,440-46.7% |
| Participant deferral / active EE | $2,523 | $3,270-22.8% | $4,048-37.7% | $3,608-30.1% |
| Admin fee / account holder | $531 | $5,055-89.5% | $7,491-92.9% | $5,124-89.6% |