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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS2 years Filed as: AMMERICAN FUNDS Service code 15 · EIN 95-6817943 | Recordkeeping | $3,241 |
QRPS, INC.2 years Filed as: QRPS, INC Service code 13 PO BOX 99163 · RALEIGH, NC 276249163 | Contract Administrator | $3,202 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $2,847 | $33,067-91.4% | $76,518-96.3% | $56,289-94.9% |
| Participation rate | 99.2% | 55.4%+43.8pp | 68.0%+31.2pp | 69.9%+29.3pp |
| Annual return | -9.20% | 2.72%-11.9pp | -0.27%-8.9pp | -9.96%+0.8pp |
| Employer contribution / active EE | $715 | $1,200-40.5% | $2,647-73.0% | $2,111-66.2% |
| Participant deferral / active EE | $1,518 | $2,240-32.2% | $3,836-60.4% | $3,350-54.7% |
| Admin fee / account holder | $34 | $537-93.7% | $4,849-99.3% | $521-93.5% |