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| Provider | Service type | Compensation |
|---|---|---|
IRONGATE PARTNERS, INC.5 years Service code 26 · EIN 56-2145194 | Advisory (Participants) | $40,621 |
Filed as: MVP PLAN ADMINISTRATORS, INC Service code 13 · EIN 56-2263714 | Contract Administrator | $19,752 |
Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $664 |
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 | $138,472 | $73,863+87.5% | $143,797-3.7% | $68,490+102.2% |
| Participation rate | 100.0% | 66.7%+33.3pp | 80.3%+19.7pp | 67.9%+32.1pp |
| Annual return | -16.49% | 0.91%-17.4pp | -0.04%-16.4pp | -7.85%-8.6pp |
| Employer contribution / active EE | $7,700 | $3,185+141.8% | $4,952+55.5% | $2,597+196.5% |
| Participant deferral / active EE | $6,094 | $3,385+80.0% | $5,638+8.1% | $4,028+51.3% |
| Admin fee / account holder | $522 | $5,756-90.9% | $14,679-96.4% | $5,403-90.3% |