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| Provider | Service type | Compensation |
|---|---|---|
SAGEPOINT FINANCIAL INC1 year Filed as: SAGEPOINT FINANCIAL, INC. Service code 55 20 EAST THOMAS ROAD · PHOENIX, AZ 85012 | Other Commissions | $7,264 |
PENSION STRATEGIES, LLC3+ years Service code 13 · EIN 20-0333992 | Contract Administrator | $3,319 |
WEALTHPLAN ADVISORS LLC1 year Filed as: WEALTHPLAN ADVISORS, LLC Service code 27 7272 EAST INDIAN SCHOOL ROAD · SCOTTSDALE, AZ 85251 | Advisory (Plan) | $2,209 |
Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $475 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $12,582 | $43,411-71.0% | $94,993-86.8% | $69,631-81.9% |
| Participation rate | 55.5% | 64.4%-9.0pp | 73.9%-18.4pp | 70.7%-15.2pp |
| Annual return | 40.37% | 22.54%+17.8pp | 27.14%+13.2pp | 27571.02%-27530.7pp |
| Employer contribution / active EE | $737 | $1,202-38.7% | $2,603-71.7% | $2,032-63.7% |
| Participant deferral / active EE | $1,902 | $2,384-20.2% | $3,317-42.7% | $3,224-41.0% |
| Admin fee / account holder | $1 | $87-99.3% | $4,960-100.0% | $110-99.5% |