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| Provider | Service type | Compensation |
|---|---|---|
KOVACK SECURITIES INC1 year Filed as: KOVACK SECURITIES FINANCIAL SERVICE Service code 15 6451 N FEDERAL HWY, SUITE 1201 · FORT LAUDERDALE, FL 33308 | Recordkeeping | $14,483 |
JULY BUSINESS SERVICES1 year Filed as: JULY BUISNESS SERVICES Service code 15 400 AUSTIN AVENUE, SUITE 100 · WACO, TX 76701 | Recordkeeping | $8,594 |
Filed as: RETIREMENT PLAN SPECIALISTS, INC. Service code 13 · EIN 59-3458014 815 EYRIE DIVE, SUITE 2 · OVIEDO, FL 32769 | Contract Administrator | $5,646 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $9,534 | $55,449-82.8% | $83,830-88.6% | $56,287-83.1% |
| Participation rate | 85.9% | 68.0%+17.9pp | 76.1%+9.7pp | 69.9%+16.0pp |
| Annual return | -9.80% | -1.38%-8.4pp | 850.97%-860.8pp | -9.96%+0.2pp |
| Employer contribution / active EE | $1,154 | $2,430-52.5% | $3,631-68.2% | $2,111-45.3% |
| Participant deferral / active EE | $2,167 | $2,935-26.2% | $4,082-46.9% | $3,350-35.3% |
| Admin fee / account holder | $156 | $656-76.2% | $5,479-97.1% | $521-70.0% |