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| Provider | Service type | Compensation |
|---|---|---|
VAN IWAARDEN ASSOCIATES2 years Filed as: VAN GUARD GROUP INC Service code 21 · EIN 23-1945930 | Bank Trustee | $24,078 |
SAGEVIEW ADVISORY GROUP, LLC2 years Filed as: SAGEVIEW ADVISORY GROUP Service code 99 · EIN 33-0818667 | Other Fees | $18,869 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,177 | $55,472-31.2% | $155,567-75.5% | $74,546-48.8% |
| Participation rate | 95.0% | 61.9%+33.1pp | 78.2%+16.8pp | 67.2%+27.8pp |
| Annual return | 12.85% | 268.72%-255.9pp | 64.74%-51.9pp | 1366.03%-1353.2pp |
| Employer contribution / active EE | $3,043 | $2,269+34.1% | $4,674-34.9% | $2,624+15.9% |
| Participant deferral / active EE | $5,960 | $2,838+110.0% | $5,628+5.9% | $4,347+37.1% |
| Admin fee / account holder | $324 | $1,743-81.4% | $15,916-98.0% | $1,944-83.4% |