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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $29,410 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $27,114 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $72,830 | $58,320+24.9% | $86,438-15.7% | $66,938+8.8% |
| Participation rate | 98.2% | 78.6%+19.6pp | 80.3%+17.9pp | 69.8%+28.4pp |
| Annual return | -12.15% | -9.71%-2.4pp | 4397.19%-4409.3pp | 1.58%-13.7pp |
| Employer contribution / active EE | $4,268 | $2,615+63.2% | $3,769+13.2% | $2,545+67.7% |
| Participant deferral / active EE | $9,190 | $6,899+33.2% | $6,952+32.2% | $4,238+116.8% |
| Admin fee / account holder | $362 | $546-33.6% | $6,733-94.6% | $594-38.9% |