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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 47-0098400 | Participant communication; Other serv... | $14,123 |
Filed as: HEALTHEQUITY RETIREMENT SERVICES, L Service code 12 · EIN 82-1222973 | Claims processing; Plan Administrator... | $7,059 |
MATRIX TRUST COMPANY2 years Service code 19 · EIN 75-3182674 | Securities Custodian | $538 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $18,854 | $91,474-79.4% | $135,982-86.1% | $71,529-73.6% |
| Participation rate | 97.0% | 75.7%+21.3pp | 81.9%+15.1pp | 67.9%+29.1pp |
| Annual return | 45.73% | 29.89%+15.8pp | 68.32%-22.6pp | 28.97%+16.8pp |
| Employer contribution / active EE | $3,489 | $3,705-5.8% | $4,859-28.2% | $2,590+34.7% |
| Participant deferral / active EE | $5,974 | $7,095-15.8% | $7,760-23.0% | $4,291+39.2% |
| Admin fee / account holder | $121 | $1,267-90.5% | $10,767-98.9% | $1,588-92.4% |