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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $56,408 |
Service code 49 · EIN 93-0987232 | Other Services | $24,877 |
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).
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 | $91,810 | $84,493+8.7% | $125,381-26.8% | $66,938+37.2% |
| Participation rate | 94.9% | 76.4%+18.5pp | 82.4%+12.5pp | 69.8%+25.1pp |
| Annual return | -17.50% | -8.49%-9.0pp | 572.31%-589.8pp | 1.58%-19.1pp |
| Employer contribution / active EE | $11,018 | $3,554+210.0% | $4,815+128.8% | $2,545+332.9% |
| Participant deferral / active EE | $11,711 | $6,783+72.6% | $7,448+57.2% | $4,238+176.3% |
| Admin fee / account holder | $362 | $685-47.2% | $10,007-96.4% | $594-39.1% |