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| Provider | Service type | Compensation |
|---|---|---|
QRPS, INC.6 years Filed as: QRPS, INC Service code 13 PO BOX 99163 · RALEIGH, NC 276249163 | Contract Administrator | $14,300 |
AMERICAN FUNDS6 years Filed as: AMMERICAN FUNDS Service code 15 · EIN 95-6817943 | Recordkeeping | $13,803 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $4,576 | $34,634-86.8% | $77,100-94.1% | $64,824-92.9% |
| Participation rate | 99.2% | 49.8%+49.4pp | 67.9%+31.3pp | 71.5%+27.8pp |
| Annual return | -19.30% | -5.31%-14.0pp | 42.35%-61.7pp | 32.84%-52.1pp |
| Employer contribution / active EE | $940 | $1,385-32.1% | $2,815-66.6% | $2,507-62.5% |
| Participant deferral / active EE | $1,637 | $2,553-35.9% | $4,430-63.0% | $4,311-62.0% |
| Admin fee / account holder | $69 | $178-61.3% | $5,443-98.7% | $188-63.3% |