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| Provider | Service type | Compensation |
|---|---|---|
BOKF, NA1 year Filed as: BOK FINANCIAL ASSET MANAGEMENT, INC Service code 15 · EIN 75-2009441 | Recordkeeping | $42,389 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $6,993 |
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.)
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 | $132,197 | $65,820+100.8% | $108,745+21.6% | $57,658+129.3% |
| Participation rate | 10.9% | 72.7%-61.8pp | 77.7%-66.8pp | 70.2%-59.3pp |
| Annual return | 7.70% | 21.32%-13.6pp | 46.22%-38.5pp | 5.13%+2.6pp |
| Employer contribution / active EE | $1,048 | $2,285-54.1% | $3,323-68.5% | $1,974-46.9% |
| Participant deferral / active EE | $3,006 | $3,578-16.0% | $5,121-41.3% | $3,061-1.8% |
| Admin fee / account holder | $504 | $91+453.2% | $6,144-91.8% | $95+433.4% |