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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $36,637 |
Filed as: GREENSPRING WEALTH MANAGEMENT INC Service code 26 · EIN 20-1611389 | Advisory (Participants) | $34,352 |
Filed as: GORFINE SCHILLER GARDYN Service code 10 · EIN 52-1231901 | Accounting | $10,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $98,415 | $102,514-4.0% | $97,995+0.4% | $62,293+58.0% |
| Participation rate | 90.5% | 79.5%+11.0pp | 82.4%+8.1pp | 69.5%+21.0pp |
| Annual return | 16.22% | 32.43%-16.2pp | 23.94%-7.7pp | 28.90%-12.7pp |
| Employer contribution / active EE | $5,032 | $3,689+36.4% | $4,158+21.0% | $2,042+146.4% |
| Participant deferral / active EE | $3,686 | $5,308-30.5% | $5,097-27.7% | $3,169+16.3% |
| Admin fee / account holder | $491 | $378+29.8% | $5,943-91.7% | $479+2.4% |