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| Provider | Service type | Compensation |
|---|---|---|
QRPS, INC.3 years Filed as: QRPS, INC Service code 13 PO BOX 99163 · RALEIGH, NC 276249163 | Contract Administrator | $5,550 |
AMERICAN FUNDS3 years Filed as: AMMERICAN FUNDS Service code 15 · EIN 95-6817943 | Recordkeeping | $4,204 |
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).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $3,412 | $38,365-91.1% | $84,637-96.0% | $65,186-94.8% |
| Participation rate | 100.0% | 55.7%+44.3pp | 68.2%+31.8pp | 70.2%+29.8pp |
| Annual return | 18.36% | 32.00%-13.6pp | 258.82%-240.5pp | 29.39%-11.0pp |
| Employer contribution / active EE | $883 | $1,258-29.8% | $2,653-66.7% | $2,177-59.4% |
| Participant deferral / active EE | $1,816 | $2,278-20.3% | $3,900-53.4% | $3,514-48.3% |
| Admin fee / account holder | $50 | $451-88.8% | $4,914-99.0% | $847-94.0% |