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| Provider | Service type | Compensation |
|---|---|---|
THE BENEFIT PRACTICE3 years Service code 37 · EIN 13-4144565 | Loan Processing | $4,450 |
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERV. Service code 37 · EIN 82-4555287 | Loan Processing | $1,625 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,590 | $95,417-86.8% | $135,974-90.7% | $74,460-83.1% |
| Participation rate | 98.8% | 78.2%+20.6pp | 81.9%+16.9pp | 70.7%+28.1pp |
| Annual return | 20.20% | 32.76%-12.6pp | 68.30%-48.1pp | 34.38%-14.2pp |
| Employer contribution / active EE | $2,634 | $3,878-32.1% | $4,859-45.8% | $2,638-0.1% |
| Participant deferral / active EE | $2,127 | $7,789-72.7% | $7,760-72.6% | $4,530-53.0% |
| Admin fee / account holder | $17 | $266-93.4% | $10,767-99.8% | $348-95.0% |