| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 13-3689044 | Participant loan processing; Finders'... | $241,471 |
ALAN BILLER & ASSOCIATES2 years Filed as: ALAN BILLER ASSOCIATES, INC. Service code 27 · EIN 94-2854958 | Advisory (Plan) | $102,213 |
FORVIS, LLP1 year Filed as: FORVIS Service code 10 · EIN 44-0160260 | Accounting | $34,177 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant 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 | $76,094 | $141,418-46.2% | $94,677-19.6% | $96,393-21.1% |
| Participation rate | 19.6% | 86.8%-67.2pp | 80.8%-61.2pp | 71.3%-51.7pp |
| Annual return | 17.25% | 21.96%-4.7pp | 156.95%-139.7pp | 22.88%-5.6pp |
| Employer contribution / active EE | $460 | $4,361-89.4% | $3,673-87.5% | $3,239-85.8% |
| Participant deferral / active EE | $989 | $10,695-90.8% | $7,418-86.7% | $5,455-81.9% |
| Admin fee / account holder | $124 | $82+50.4% | $7,222-98.3% | $74+67.8% |