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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $68,536 |
Filed as: MML INSURANCE AGENCY LLC Service code 49 · EIN 04-3109325 | Other Services | $33,195 |
FARMER & BETTS2 years Service code 13 · EIN 94-3322438 | Contract Administrator | $8,250 |
FARMER & BETTS2 years Filed as: FARMER & BETTS, INC Service code 13 | Contract Administrator | $6,765 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $60,718 | $90,064-32.6% | $100,415-39.5% | $77,762-21.9% |
| Participation rate | 67.4% | 81.3%-13.9pp | 81.5%-14.1pp | 70.6%-3.2pp |
| Annual return | 15.31% | 20.61%-5.3pp | 49.47%-34.2pp | 31.27%-16.0pp |
| Employer contribution / active EE | $3,649 | $3,043+19.9% | $3,943-7.5% | $2,728+33.8% |
| Participant deferral / active EE | $5,770 | $8,282-30.3% | $8,091-28.7% | $4,651+24.1% |
| Admin fee / account holder | $242 | $172+40.5% | $7,906-96.9% | $433-44.2% |