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| Provider | Service type | Compensation |
|---|---|---|
IRONGATE PARTNERS, INC.7 years Service code 26 · EIN 56-2145194 | Advisory (Participants) | $44,105 |
Filed as: MVP PLAN ADMINISTRATORS, INC Service code 13 · EIN 56-2263714 | Contract Administrator | $21,073 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $5,491 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $174,692 | $81,358+114.7% | $155,556+12.3% | $80,959+115.8% |
| Participation rate | 98.9% | 66.3%+32.6pp | 78.2%+20.7pp | 67.7%+31.2pp |
| Annual return | 12.86% | 33.39%-20.5pp | 64.84%-52.0pp | 35.67%-22.8pp |
| Employer contribution / active EE | $7,661 | $3,106+146.6% | $4,675+63.9% | $2,757+177.9% |
| Participant deferral / active EE | $5,811 | $3,455+68.2% | $5,631+3.2% | $4,300+35.1% |
| Admin fee / account holder | $575 | $7,994-92.8% | $15,885-96.4% | $6,925-91.7% |