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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $125 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
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 | $39,343 | $38,365+2.5% | $84,637-53.5% | $65,186-39.6% |
| Participation rate | 22.2% | 55.7%-33.4pp | 68.2%-46.0pp | 70.2%-48.0pp |
| Annual return | 17.55% | 32.00%-14.5pp | 258.82%-241.3pp | 29.39%-11.8pp |
| Employer contribution / active EE | $1,009 | $1,258-19.8% | $2,653-62.0% | $2,177-53.6% |
| Participant deferral / active EE | $1,397 | $2,278-38.7% | $3,900-64.2% | $3,514-60.2% |
| Admin fee / account holder | $361 | $451-20.0% | $4,914-92.7% | $847-57.4% |