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| Provider | Service type | Compensation |
|---|---|---|
QRPS, INC.1 year Filed as: QRPS, INC Service code 13 PO BOX 99163 · RALEIGH, NC 276249163 | Contract Administrator | $3,350 |
AMERICAN FUNDS1 year Filed as: AMMERICAN FUNDS Service code 15 · EIN 95-6817943 | Recordkeeping | $1,700 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $4,212 | $47,848-91.2% | $81,473-94.8% | $70,126-94.0% |
| Participation rate | 100.0% | 58.3%+41.7pp | 68.0%+32.0pp | 69.5%+30.5pp |
| Annual return | 18.82% | 27.25%-8.4pp | 38.78%-20.0pp | 73.15%-54.3pp |
| Employer contribution / active EE | $1,052 | $1,527-31.1% | $2,568-59.0% | $2,343-55.1% |
| Participant deferral / active EE | $1,585 | $2,453-35.4% | $3,537-55.2% | $3,332-52.4% |
| Admin fee / account holder | $50 | $3,145-98.4% | $4,561-98.9% | $4,645-98.9% |