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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $11,441 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $40,689 | $76,551-46.8% | $123,894-67.2% | $62,881-35.3% |
| Participation rate | 50.6% | 73.0%-22.4pp | 81.4%-30.8pp | 69.3%-18.7pp |
| Annual return | 8.93% | 18.68%-9.8pp | 47.52%-38.6pp | 20.14%-11.2pp |
| Employer contribution / active EE | $1,176 | $2,882-59.2% | $4,617-74.5% | $2,281-48.4% |
| Participant deferral / active EE | $2,079 | $4,840-57.0% | $5,984-65.3% | $3,203-35.1% |
| Admin fee / account holder | $138 | $4,826-97.1% | $8,357-98.3% | $4,296-96.8% |