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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $78,375 |
HIGHTOWER ADVISORS LLC3 years Filed as: HIGHTOWER SECURITIES LLC Service code 49 · EIN 36-4454225 | Other Services | $30,156 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,144 | $62,132-35.4% | $185,835-78.4% | $73,493-45.4% |
| Participation rate | 92.6% | 67.8%+24.8pp | 78.0%+14.5pp | 70.7%+21.9pp |
| Annual return | 16.21% | 20.44%-4.2pp | 35.96%-19.7pp | 28.51%-12.3pp |
| Employer contribution / active EE | $455 | $1,681-72.9% | $4,087-88.9% | $2,270-79.9% |
| Participant deferral / active EE | $6,332 | $3,711+70.6% | $5,633+12.4% | $3,740+69.3% |
| Admin fee / account holder | $433 | $419+3.4% | $9,502-95.4% | $513-15.6% |