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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $1,785 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $30,753 | $25,165+22.2% | $73,545-58.2% | $77,958-60.6% |
| Participation rate | 17.6% | 36.6%-19.0pp | 54.9%-37.3pp | 71.6%-54.0pp |
| Annual return | 14.73% | 18.12%-3.4pp | -15.16%+29.9pp | 20.87%-6.1pp |
| Employer contribution / active EE | $0 | $395-100.0% | $1,219-100.0% | $2,310-100.0% |
| Participant deferral / active EE | $587 | $898-34.6% | $1,806-67.5% | $3,537-83.4% |
| Admin fee / account holder | $49 | $76-36.0% | $2,320-97.9% | $97-50.2% |