Filed November 18, 2024 (most recent of 5 filings on file)
Total covered: 4 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $34,402 | $46,332-25.7% | $143,799-76.1% | $64,819-46.9% |
| Participation rate | 54.8% | 64.2%-9.5pp | 80.3%-25.5pp | 71.5%-16.7pp |
| Annual return | -13.57% | -10.05%-3.5pp | -0.04%-13.5pp | 32.84%-46.4pp |
| Employer contribution / active EE | $1,573 | $1,911-17.7% | $4,952-68.2% | $2,507-37.3% |
| Participant deferral / active EE | $2,323 | $2,647-12.3% | $5,638-58.8% | $4,311-46.1% |
| Admin fee / account holder | $32 | $154-79.2% | $14,677-99.8% | $188-82.9% |