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| Provider | Service type | Compensation |
|---|---|---|
Filed as: AVANTAX RETIREMENT PLAN SERVICES Service code 15 · EIN 42-1447865 | Recordkeeping | $73,496 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,618 | $101,672-43.3% | $147,117-60.8% | $74,478-22.6% |
| Participation rate | 94.1% | 75.5%+18.5pp | 82.2%+11.9pp | 67.2%+26.9pp |
| Annual return | 12.29% | 8757.83%-8745.5pp | 420.54%-408.2pp | 1370.56%-1358.3pp |
| Employer contribution / active EE | $3,531 | $3,813-7.4% | $4,932-28.4% | $2,626+34.5% |
| Participant deferral / active EE | $6,563 | $7,305-10.2% | $8,065-18.6% | $4,350+50.9% |
| Admin fee / account holder | $445 | $1,753-74.6% | $12,993-96.6% | $1,946-77.1% |