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| Provider | Service type | Compensation |
|---|---|---|
AMERITAS LIFE INSURANCE CORP1+ years Filed as: AMERITAS LIFE INSURANCE Service code 15 · EIN 47-0098400 | Recordkeeping | $6,090 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $15,969 | $70,002-77.2% | $115,038-86.1% | $52,331-69.5% |
| Participation rate | 87.5% | 72.1%+15.4pp | 81.4%+6.1pp | 68.1%+19.4pp |
| Annual return | 0.23% | 4.04%-3.8pp | 26.14%-25.9pp | 4.54%-4.3pp |
| Employer contribution / active EE | $1,295 | $2,715-52.3% | $4,608-71.9% | $1,882-31.2% |
| Participant deferral / active EE | $3,303 | $4,920-32.9% | $6,026-45.2% | $3,022+9.3% |
| Admin fee / account holder | $25 | $566-95.7% | $8,175-99.7% | $592-95.9% |