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| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES1 year Filed as: JULY BUSINESS SERVICES LLC Service code 15 · EIN 74-2715820 P.O. BOX 2208 · WACO, TX 76703 | Recordkeeping | $64,527 |
Filed as: HTLF RETIREMENT PLAN SERVICES Service code 26 1398 CENTRAL AVENUE · DUBUQUE, IA 52004 | Advisory (Participants) | $0 |
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.)
Annual investment return 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 | $67,240 | $65,428+2.8% | $169,390-60.3% | $71,511-6.0% |
| Participation rate | 59.0% | 66.9%-7.9pp | 77.2%-18.2pp | 67.9%-9.0pp |
| Annual return | 0.38% | 21.35%-21.0pp | 406.07%-405.7pp | 28.86%-28.5pp |
| Employer contribution / active EE | $1,577 | $2,064-23.6% | $4,013-60.7% | $2,589-39.1% |
| Participant deferral / active EE | $2,208 | $4,360-49.3% | $6,222-64.5% | $4,291-48.5% |
| Admin fee / account holder | $411 | $1,328-69.0% | $9,015-95.4% | $1,588-74.1% |