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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754 | Recordkeeping | $10,612 |
BB&T3+ years Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $1,688 |
Participant contribution per participant 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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,734 | $84,936-95.6% | $111,308-96.6% | $79,391-95.3% |
| Participation rate | 85.7% | 75.9%+9.9pp | 77.3%+8.4pp | 70.7%+15.0pp |
| Annual return | 15.05% | 17.45%-2.4pp | 54.67%-39.6pp | 116.88%-101.8pp |
| Employer contribution / active EE | $649 | $1,979-67.2% | $2,732-76.2% | $2,428-73.3% |
| Participant deferral / active EE | $1,200 | $3,888-69.1% | $4,487-73.3% | $4,046-70.3% |
| Admin fee / account holder | $91 | $537-83.1% | $7,965-98.9% | $627-85.5% |