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| Provider | Service type | Compensation |
|---|---|---|
INGHAM & COMPANY4+ years Service code 13 · EIN 65-0170152 | Contract Administrator | $71,200 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $66,300 | $47,977+38.2% | $154,111-57.0% | $56,287+17.8% |
| Participation rate | 76.6% | 66.2%+10.5pp | 83.0%-6.4pp | 69.9%+6.8pp |
| Annual return | -2.46% | 3.54%-6.0pp | 735.18%-737.6pp | -9.96%+7.5pp |
| Employer contribution / active EE | $4,959 | $2,169+128.7% | $5,298-6.4% | $2,111+134.9% |
| Participant deferral / active EE | $4,061 | $2,392+69.8% | $5,081-20.1% | $3,350+21.2% |
| Admin fee / account holder | $335 | $438-23.6% | $13,411-97.5% | $521-35.7% |