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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 16-1450952 | Recordkeeping | $23,830 |
CLAYTON FINANCIAL GROUP, LLC2 years Service code 27 · EIN 47-3829020 | Advisory (Plan) | $17,048 |
CHARLES SCHWAB & CO., INC.2 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
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).
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 | $67,131 | $93,617-28.3% | $135,982-50.6% | $75,177-10.7% |
| Participation rate | 85.2% | 75.2%+10.0pp | 81.9%+3.3pp | 67.2%+18.0pp |
| Annual return | 18.17% | 30.89%-12.7pp | 68.32%-50.2pp | 160.75%-142.6pp |
| Employer contribution / active EE | $3,337 | $3,538-5.7% | $4,859-31.3% | $2,671+24.9% |
| Participant deferral / active EE | $8,734 | $6,406+36.3% | $7,760+12.6% | $4,126+111.7% |
| Admin fee / account holder | $393 | $6,980-94.4% | $10,767-96.3% | $5,651-93.0% |