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| Provider | Service type | Compensation |
|---|---|---|
IRONGATE PARTNERS, INC.3 years Service code 26 · EIN 56-2145194 | Advisory (Participants) | $31,778 |
Filed as: MVP PLAN ADMINISTRATORS, INC Service code 13 · EIN 56-2263714 | Contract Administrator | $15,384 |
CHARLES SCHWAB & CO., INC.3 years 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 | $143,716 | $91,198+57.6% | $178,503-19.5% | $79,856+80.0% |
| Participation rate | 100.0% | 69.2%+30.8pp | 81.9%+18.1pp | 69.6%+30.4pp |
| Annual return | 14.51% | 24.20%-9.7pp | 151.12%-136.6pp | 31.71%-17.2pp |
| Employer contribution / active EE | $6,432 | $3,257+97.5% | $5,011+28.4% | $2,471+160.3% |
| Participant deferral / active EE | $5,263 | $3,237+62.6% | $5,202+1.2% | $3,741+40.7% |
| Admin fee / account holder | $403 | $6,748-94.0% | $13,987-97.1% | $5,306-92.4% |