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| Provider | Service type | Compensation |
|---|---|---|
WFG ADVISORS2+ years Service code 27 · EIN 03-0509863 | Advisory (Plan) | $23,240 |
ASCENSUS LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $11,182 |
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).
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 | $40,858 | $76,551-46.6% | $123,894-67.0% | $62,881-35.0% |
| Participation rate | 92.4% | 73.0%+19.4pp | 81.4%+11.0pp | 69.3%+23.1pp |
| Annual return | 7.55% | 18.68%-11.1pp | 47.52%-40.0pp | 20.14%-12.6pp |
| Employer contribution / active EE | $5,058 | $2,882+75.5% | $4,617+9.5% | $2,281+121.7% |
| Participant deferral / active EE | $7,557 | $4,840+56.1% | $5,984+26.3% | $3,203+135.9% |
| Admin fee / account holder | $322 | $4,826-93.3% | $8,357-96.2% | $4,296-92.5% |