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| Provider | Service type | Compensation |
|---|---|---|
VIRGINIA & AMBINDER, LLP1 year Filed as: VIRGINIA ASSET MANAGEMENT, LLC Service code 15 130 WYLDEROSE DR · MIDLOTHIAN, VA 23113 | Recordkeeping | $19,868 |
THE VANGUARD GROUP, INC.1 year Service code 15 · EIN 23-1945930 | Recordkeeping | $645 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,649 | $69,383-25.6% | $101,271-49.0% | $73,493-29.7% |
| Participation rate | 63.6% | 68.4%-4.7pp | 75.8%-12.2pp | 70.7%-7.0pp |
| Annual return | 18.79% | 18.46%+0.3pp | 46.48%-27.7pp | 28.51%-9.7pp |
| Employer contribution / active EE | $1,613 | $2,628-38.6% | $3,660-55.9% | $2,270-29.0% |
| Participant deferral / active EE | $3,852 | $3,301+16.7% | $4,371-11.9% | $3,740+3.0% |
| Admin fee / account holder | $147 | $704-79.2% | $5,948-97.5% | $513-71.4% |