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| Provider | Service type | Compensation |
|---|---|---|
BRAVERA WEALTH3 years Service code 15 · EIN 45-0436653 401 N 4TH STREET · BISMARCK, ND 58501 | Recordkeeping | $54,748 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $151,799 | $61,338+147.5% | $149,717+1.4% | $71,495+112.3% |
| Participation rate | 95.8% | 62.5%+33.2pp | 78.8%+17.0pp | 67.9%+27.8pp |
| Annual return | 17.93% | 35.86%-17.9pp | 134.41%-116.5pp | 28.85%-10.9pp |
| Employer contribution / active EE | $7,428 | $2,381+211.9% | $4,820+54.1% | $2,589+186.9% |
| Participant deferral / active EE | $6,891 | $2,919+136.1% | $5,682+21.3% | $4,291+60.6% |
| Admin fee / account holder | $367 | $1,263-71.0% | $13,213-97.2% | $1,588-76.9% |