Filed July 1, 2024
| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $9,796 |
Participant 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.
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 | $3,459 | $31,810-89.1% | $64,101-94.6% | $59,188-94.2% |
| Participation rate | 85.9% | 57.7%+28.2pp | 68.2%+17.8pp | 69.4%+16.5pp |
| Annual return | -0.20% | 9.41%-9.6pp | 791.27%-791.5pp | 5.51%-5.7pp |
| Employer contribution / active EE | $1,114 | $659+68.9% | $1,820-38.8% | $2,098-46.9% |
| Participant deferral / active EE | $0 | $1,582-100.0% | $2,822-100.0% | $3,265-100.0% |
| Admin fee / account holder | $3 | $57-94.3% | $4,499-99.9% | $92-96.5% |