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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $3,150 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $28,220 | $43,550-35.2% | $63,244-55.4% | $52,331-46.1% |
| Participation rate | 81.0% | 65.7%+15.3pp | 71.0%+10.0pp | 68.1%+12.9pp |
| Annual return | 0.10% | 2.03%-1.9pp | -70.31%+70.4pp | 4.54%-4.4pp |
| Employer contribution / active EE | $1,786 | $1,351+32.2% | $2,322-23.1% | $1,882-5.1% |
| Participant deferral / active EE | $2,947 | $2,254+30.8% | $2,953-0.2% | $3,022-2.5% |
| Admin fee / account holder | $481 | $387+24.4% | $5,893-91.8% | $592-18.6% |