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| Provider | Service type | Compensation |
|---|---|---|
UNION BANK & TRUST COMPANY11+ years Service code 12 · EIN 47-0321480 | Claims processing; Recordkeeping fees... | $13,787 |
MATRIX CLEARANCE AND SETTLEMENT11+ years Service code 33 · EIN 13-4046432 | Sub-transfer agency fees; Securities ... | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,236 | $55,932-65.6% | $76,735-74.9% | $67,986-71.7% |
| Participation rate | 76.7% | 50.8%+25.9pp | 69.5%+7.2pp | 57.2%+19.5pp |
| Annual return | 16.45% | 23.10%-6.7pp | 29.77%-13.3pp | 31.67%-15.2pp |
| Employer contribution / active EE | $160 | $1,487-89.2% | $2,454-93.5% | $2,019-92.1% |
| Participant deferral / active EE | $2,962 | $2,558+15.8% | $4,088-27.5% | $3,358-11.8% |
| Admin fee / account holder | $63 | $4,907-98.7% | $7,189-99.1% | $3,203-98.0% |