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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BLUESTAR RETIREMENT PLAN SERVICES Service code 13 · EIN 59-3092339 | Contract Administrator | $49,617 |
Participant 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $38,076 | $86,341-55.9% | $125,195-69.6% | $65,186-41.6% |
| Participation rate | 96.1% | 75.3%+20.8pp | 79.8%+16.3pp | 70.2%+25.9pp |
| Annual return | 2.37% | 27.44%-25.1pp | 43.79%-41.4pp | 29.39%-27.0pp |
| Employer contribution / active EE | $1,723 | $2,040-15.5% | $3,866-55.4% | $2,177-20.8% |
| Participant deferral / active EE | $1,838 | $3,538-48.0% | $4,937-62.8% | $3,514-47.7% |
| Admin fee / account holder | $394 | $609-35.4% | $9,704-95.9% | $847-53.5% |