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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BENEFIT PLANS PLUS Service code 13 · EIN 43-1829594 11701 BORMAN DRIVE, SUITE 300 · ST. LOUIS, MO 63146 | Contract Administrator | $5,374 |
Filed as: CETERA INVESTMENT ADVIORS Service code 26 · EIN 36-3258176 | Advisory (Participants) | $4,324 |
Filed as: JOHN HANCOCK LIFE INSUTANCE COMPANY Service code 15 · EIN 01-0233346 | Recordkeeping | $3,523 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $3,532 | $30,423-88.4% | $56,025-93.7% | $74,478-95.3% |
| Participation rate | 81.3% | 32.9%+48.4pp | 52.5%+28.8pp | 67.2%+14.1pp |
| Annual return | 11.80% | 24.97%-13.2pp | 1712.69%-1700.9pp | 1370.56%-1358.8pp |
| Employer contribution / active EE | $700 | $610+14.7% | $1,042-32.8% | $2,626-73.3% |
| Participant deferral / active EE | $1,675 | $1,176+42.4% | $1,955-14.3% | $4,350-61.5% |
| Admin fee / account holder | $71 | $2,363-97.0% | $2,828-97.5% | $1,946-96.4% |