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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC3 years Service code 15 · EIN 11-3665754 | Recordkeeping | $600 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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 | $96,278 | $73,638+30.7% | $108,405-11.2% | $79,389+21.3% |
| Participation rate | 30.5% | 77.4%-46.9pp | 80.1%-49.6pp | 70.7%-40.2pp |
| Annual return | 23.82% | 33.27%-9.4pp | 905.55%-881.7pp | 116.89%-93.1pp |
| Employer contribution / active EE | $0 | $2,397-100.0% | $3,559-100.0% | $2,428-100.0% |
| Participant deferral / active EE | $785 | $6,218-87.4% | $6,563-88.0% | $4,046-80.6% |
| Admin fee / account holder | $7 | $638-98.9% | $7,297-99.9% | $626-98.9% |