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| Provider | Service type | Compensation |
|---|---|---|
Filed as: ASSETMARK RETIREMENT SERVICES Service code 15 1960 OLD GATESBURG RD. · STATE COLLEGE, PA 16803 | Recordkeeping | $12,307 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $5,743 | $65,092-91.2% | $143,799-96.0% | $66,938-91.4% |
| Participation rate | 86.8% | 65.2%+21.6pp | 80.3%+6.5pp | 69.8%+17.0pp |
| Annual return | -6.31% | -11.14%+4.8pp | -0.04%-6.3pp | 1.58%-7.9pp |
| Employer contribution / active EE | $352 | $2,362-85.1% | $4,952-92.9% | $2,545-86.2% |
| Participant deferral / active EE | $2,236 | $2,920-23.4% | $5,638-60.3% | $4,238-47.2% |
| Admin fee / account holder | $43 | $502-91.5% | $14,677-99.7% | $594-92.8% |