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| Provider | Service type | Compensation |
|---|---|---|
IRONGATE PARTNERS, INC.1 year Service code 26 · EIN 56-2145194 | Advisory (Participants) | $38,700 |
Filed as: MVP PLAN ADMINISTRATORS, INC Service code 13 · EIN 56-2263714 | Contract Administrator | $9,822 |
Filed as: CHARLES SCHWAB Service code 19 · EIN 42-1558009 | Securities Custodian | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $94,956 | $47,977+97.9% | $154,108-38.4% | $56,289+68.7% |
| Participation rate | 100.0% | 66.2%+33.8pp | 83.0%+17.0pp | 69.9%+30.1pp |
| Annual return | -5.21% | 3.54%-8.7pp | 735.21%-740.4pp | -9.96%+4.8pp |
| Employer contribution / active EE | $5,996 | $2,169+176.5% | $5,298+13.2% | $2,111+184.0% |
| Participant deferral / active EE | $4,647 | $2,392+94.3% | $5,081-8.5% | $3,350+38.7% |
| Admin fee / account holder | $398 | $438-9.3% | $13,411-97.0% | $521-23.7% |