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| Provider | Service type | Compensation |
|---|---|---|
LPL FINANCIAL1 year Service code 64 · EIN 95-2834236 | Recordkeeping Fees | $15,254 |
CHERRY BEKAERT LLP1 year Filed as: CHERRY BEKAERT, LLP Service code 64 · EIN 88-2730877 | Recordkeeping Fees | $7,465 |
AMERICAN FUNDS6 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERV Service code 99 · EIN 82-4555287 | Other Fees | $1,428 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $125,700 | $60,504+107.8% | $81,882+53.5% | $74,478+68.8% |
| Participation rate | 38.2% | 62.9%-24.7pp | 72.4%-34.2pp | 67.2%-29.0pp |
| Annual return | 16.53% | 16.91%-0.4pp | 779.47%-762.9pp | 1370.56%-1354.0pp |
| Employer contribution / active EE | $6,145 | $2,627+134.0% | $2,916+110.7% | $2,626+134.0% |
| Participant deferral / active EE | $5,480 | $3,400+61.2% | $4,323+26.8% | $4,350+26.0% |
| Admin fee / account holder | $131 | $1,492-91.2% | $7,360-98.2% | $1,946-93.3% |