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| Provider | Service type | Compensation |
|---|---|---|
HIGHTOWER ADVISORS LLC5 years Filed as: HIGHTOWER ADVISORS, LLC Service code 27 · EIN 36-4500709 | Advisory (Plan) | $17,001 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $8,417 |
Service code 13 · EIN 95-3654973 | Contract Administrator | $8,183 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,211 | $29,507+5.8% | $56,025-44.3% | $77,762-59.9% |
| Participation rate | 30.9% | 32.7%-1.8pp | 52.5%-21.6pp | 70.6%-39.7pp |
| Annual return | 11.56% | 18.90%-7.3pp | 1712.69%-1701.1pp | 31.27%-19.7pp |
| Employer contribution / active EE | $609 | $570+6.8% | $1,042-41.6% | $2,728-77.7% |
| Participant deferral / active EE | $1,015 | $1,062-4.4% | $1,955-48.1% | $4,651-78.2% |
| Admin fee / account holder | $275 | $1,041-73.6% | $2,828-90.3% | $433-36.5% |