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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT WEST Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $34,322 |
Filed as: GLOBAL RETIREMENT PARTNERS Service code 27 4340 REDWOOD HWY STE B60 · SAN RAFAEL, CA 94903 | Advisory (Plan) | $18,227 |
PENSYS, INC.1 year Filed as: PENSYS INC Service code 13 2440 PROFESSIONAL DRIVE · ROSEVILLE, CA 95661 | Contract Administrator | $2,275 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $20,896 | $59,535-64.9% | $90,161-76.8% | $62,293-66.5% |
| Participation rate | 94.6% | 73.0%+21.5pp | 76.9%+17.7pp | 69.5%+25.0pp |
| Annual return | 52.66% | 23.53%+29.1pp | 34.89%+17.8pp | 28.90%+23.8pp |
| Employer contribution / active EE | $2,344 | $1,826+28.4% | $3,318-29.4% | $2,042+14.8% |
| Participant deferral / active EE | $4,309 | $4,639-7.1% | $5,287-18.5% | $3,169+36.0% |
| Admin fee / account holder | $252 | $337-25.1% | $5,943-95.8% | $479-47.4% |