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| Provider | Service type | Compensation |
|---|---|---|
QRPS, INC.8 years Filed as: QRPS, INC Service code 13 PO BOX 99163 · RALEIGH, NC 276249163 | Contract Administrator | $7,400 |
AMERICAN FUNDS2 years Service code 15 · EIN 95-6817943 | Recordkeeping | $5,150 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $5,568 | $45,109-87.7% | $85,240-93.5% | $77,762-92.8% |
| Participation rate | 99.4% | 48.7%+50.7pp | 67.5%+31.9pp | 70.6%+28.8pp |
| Annual return | 14.86% | 79.55%-64.7pp | 66.75%-51.9pp | 31.27%-16.4pp |
| Employer contribution / active EE | $935 | $1,602-41.6% | $2,735-65.8% | $2,728-65.7% |
| Participant deferral / active EE | $1,864 | $2,814-33.8% | $4,527-58.8% | $4,651-59.9% |
| Admin fee / account holder | $25 | $915-97.2% | $6,165-99.6% | $433-94.2% |