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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 13-3689044 | Recordkeeping fees; Claims processing... | $169,988 |
INDEPENDENT FINANCIAL PARTNERS3+ years Service code 16 · EIN 59-3331424 | Consulting | $43,065 |
WARNER FINANCIAL, INC.3+ years Filed as: WARNER FINANCIAL Service code 16 · EIN 20-2676231 | Consulting | $42,999 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $88,675 | $69,305+27.9% | $82,312+7.7% | $69,631+27.3% |
| Participation rate | 81.9% | 80.3%+1.7pp | 76.9%+5.1pp | 70.7%+11.3pp |
| Annual return | 20.92% | 21.47%-0.5pp | 25.88%-5.0pp | 27571.02%-27550.1pp |
| Employer contribution / active EE | $3,370 | $1,887+78.7% | $2,428+38.8% | $2,032+65.9% |
| Participant deferral / active EE | $7,123 | $3,568+99.6% | $3,706+92.2% | $3,224+121.0% |
| Admin fee / account holder | $448 | $97+361.4% | $5,608-92.0% | $110+306.0% |