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| Provider | Service type | Compensation |
|---|---|---|
QRPS, INC.4 years Filed as: QRPS, INC Service code 13 PO BOX 99163 · RALEIGH, NC 276249163 | Contract Administrator | $6,200 |
AMERICAN FUNDS4 years Filed as: AMMERICAN FUNDS Service code 15 · EIN 95-6817943 | Recordkeeping | $3,493 |
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 | $3,131 | $43,133-92.7% | $89,435-96.5% | $73,497-95.7% |
| Participation rate | 100.0% | 55.0%+45.0pp | 68.0%+32.0pp | 70.7%+29.3pp |
| Annual return | 21.61% | 135.66%-114.1pp | 245.55%-223.9pp | 28.51%-6.9pp |
| Employer contribution / active EE | $907 | $1,438-37.0% | $2,587-65.0% | $2,270-60.1% |
| Participant deferral / active EE | $1,351 | $2,445-44.7% | $3,890-65.3% | $3,740-63.9% |
| Admin fee / account holder | $27 | $444-93.8% | $4,884-99.4% | $513-94.6% |