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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $450 |
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.
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 | $23,013 | $55,636-58.6% | $81,991-71.9% | $73,493-68.7% |
| Participation rate | 38.8% | 62.3%-23.4pp | 69.3%-30.4pp | 70.7%-31.8pp |
| Annual return | 20.17% | 19.07%+1.1pp | 41.31%-21.1pp | 28.51%-8.3pp |
| Employer contribution / active EE | $228 | $1,625-86.0% | $2,498-90.9% | $2,270-89.9% |
| Participant deferral / active EE | $1,503 | $2,762-45.6% | $3,722-59.6% | $3,740-59.8% |
| Admin fee / account holder | $195 | $493-60.4% | $5,665-96.6% | $513-61.9% |