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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSISITION FINANCE STRATEGIES LLC Service code 13 · EIN 13-4238973 154 HANSEN ROAD · CHARLOTTESVILLE, VA 22911 | Contract Administrator | $600 |
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SVC Service code 65 6455 IRVINE DRIVE · IRVINE, CA 92618 | Account Maintenance | $250 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $52,506 | $80,983-35.2% | $96,544-45.6% | $75,177-30.2% |
| Participation rate | 76.2% | 71.8%+4.4pp | 76.0%+0.2pp | 67.2%+9.0pp |
| Annual return | 21.35% | 27.05%-5.7pp | 25.88%-4.5pp | 160.75%-139.4pp |
| Employer contribution / active EE | $1,016 | $2,282-55.5% | $2,966-65.7% | $2,671-62.0% |
| Participant deferral / active EE | $5,234 | $3,929+33.2% | $4,851+7.9% | $4,126+26.8% |
| Admin fee / account holder | $8 | $6,717-99.9% | $8,254-99.9% | $5,651-99.9% |