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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BLUESTAR RETIREMENT PLAN SERVICES Service code 13 · EIN 59-3092339 | Contract Administrator | $50,815 |
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 | $38,470 | $81,494-52.8% | $133,978-71.3% | $73,497-47.7% |
| Participation rate | 95.1% | 76.4%+18.7pp | 79.8%+15.3pp | 70.7%+24.4pp |
| Annual return | -0.11% | 19.40%-19.5pp | 45.10%-45.2pp | 28.51%-28.6pp |
| Employer contribution / active EE | $1,961 | $2,210-11.3% | $3,919-50.0% | $2,270-13.6% |
| Participant deferral / active EE | $2,133 | $3,787-43.7% | $5,047-57.7% | $3,740-43.0% |
| Admin fee / account holder | $446 | $713-37.5% | $8,930-95.0% | $513-13.1% |