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| Provider | Service type | Compensation |
|---|---|---|
Filed as: AVANTAX RETIREMENT PLAN SERVICES Service code 15 · EIN 42-1447865 | Recordkeeping | $43,344 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $223,931 | $98,766+126.7% | $149,730+49.6% | $79,852+180.4% |
| Participation rate | 81.7% | 75.8%+5.9pp | 82.5%-0.8pp | 69.6%+12.1pp |
| Annual return | 15.70% | 27.43%-11.7pp | 276.70%-261.0pp | 31.72%-16.0pp |
| Employer contribution / active EE | $12,971 | $3,217+303.2% | $4,645+179.2% | $2,471+424.9% |
| Participant deferral / active EE | $9,430 | $5,681+66.0% | $6,843+37.8% | $3,740+152.1% |
| Admin fee / account holder | $410 | $6,052-93.2% | $9,310-95.6% | $5,306-92.3% |