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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SVC Service code 64 · EIN 86-0206507 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $3,138 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,444 | $54,573-71.7% | $90,970-83.0% | $73,493-79.0% |
| Participation rate | 60.4% | 61.2%-0.7pp | 69.0%-8.6pp | 70.7%-10.2pp |
| Annual return | 30.01% | 16.69%+13.3pp | 134.58%-104.6pp | 28.51%+1.5pp |
| Employer contribution / active EE | $1,781 | $991+79.7% | $2,122-16.1% | $2,270-21.5% |
| Participant deferral / active EE | $953 | $2,517-62.1% | $3,373-71.8% | $3,740-74.5% |
| Admin fee / account holder | $15 | $521-97.1% | $5,960-99.7% | $513-97.0% |