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| Provider | Service type | Compensation |
|---|---|---|
AMERITAS LIFE INSURANCE CORP4 years Service code 15 · EIN 47-0098400 | Recordkeeping | $17,734 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,320 | $86,298-18.5% | $111,308-36.8% | $85,847-18.1% |
| Participation rate | 41.1% | 73.3%-32.2pp | 77.3%-36.2pp | 69.3%-28.2pp |
| Annual return | 13.43% | 19.99%-6.6pp | 54.67%-41.2pp | 318.61%-305.2pp |
| Employer contribution / active EE | $0 | $2,044-100.0% | $2,732-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $1,136 | $3,641-68.8% | $4,487-74.7% | $3,952-71.2% |
| Admin fee / account holder | $433 | $8,189-94.7% | $7,965-94.6% | $6,261-93.1% |