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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MESIROW FINANCIAL INC Service code 27 · EIN 36-3429599 | Advisory (Plan) | $40,997 |
Service code 37 · EIN 04-2647786 | Loan Processing | $2,051 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $68,475 | $57,108+19.9% | $94,224-27.3% | $52,331+30.9% |
| Participation rate | 83.9% | 72.9%+11.0pp | 78.8%+5.1pp | 68.1%+15.8pp |
| Annual return | 38.09% | 1.47%+36.6pp | 10.68%+27.4pp | 4.54%+33.5pp |
| Employer contribution / active EE | $333 | $1,735-80.8% | $3,587-90.7% | $1,882-82.3% |
| Participant deferral / active EE | $5,472 | $3,040+80.0% | $4,320+26.7% | $3,022+81.1% |
| Admin fee / account holder | $344 | $546-37.0% | $6,269-94.5% | $592-41.8% |