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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PUTNAM INVESTMENTS Service code 15 ONE POST OFFICE SQUARE · BOSTON, MA 02109 | Recordkeeping | $74,245 |
ADP BROKER-DEALER5+ years Filed as: PENSION CONSULTANTS INC Service code 27 300 S CAMPBELL AVE · SPRINGFIELD, MO 65806 | Advisory (Plan) | $30,165 |
REGIER CARR & MONROE LLP4 years Service code 10 300 WEST DOUGLAS · WICHITA, KS 67202 | Accounting | $8,400 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $0 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $76,235 | $89,652-15.0% | $141,177-46.0% | $65,185+17.0% |
| Participation rate | 84.5% | 74.7%+9.8pp | 82.5%+2.1pp | 70.2%+14.3pp |
| Annual return | 19.36% | 32.79%-13.4pp | 71.40%-52.0pp | 29.38%-10.0pp |
| Employer contribution / active EE | $582 | $3,065-81.0% | $4,736-87.7% | $2,177-73.2% |
| Participant deferral / active EE | $4,005 | $5,691-29.6% | $6,710-40.3% | $3,514+14.0% |
| Admin fee / account holder | $601 | $569+5.8% | $10,263-94.1% | $847-29.0% |