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| Provider | Service type | Compensation |
|---|---|---|
Filed as: CARY STREET PARTNERS Service code 27 · EIN 26-0070474 | Advisory (Plan) | $26,908 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $18,655 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $49,658 | $63,114-21.3% | $92,909-46.6% | $65,185-23.8% |
| Participation rate | 88.1% | 68.8%+19.4pp | 76.0%+12.1pp | 70.2%+17.9pp |
| Annual return | 23.95% | 28.75%-4.8pp | 109.44%-85.5pp | 29.38%-5.4pp |
| Employer contribution / active EE | $1,845 | $2,571-28.2% | $3,653-49.5% | $2,177-15.2% |
| Participant deferral / active EE | $5,338 | $3,108+71.7% | $4,238+26.0% | $3,514+51.9% |
| Admin fee / account holder | $350 | $624-43.8% | $5,795-94.0% | $847-58.6% |