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| Provider | Service type | Compensation |
|---|---|---|
QRPS, INC.7 years Filed as: QRPS, INC Service code 13 PO BOX 99163 · RALEIGH, NC 276249163 | Contract Administrator | $10,450 |
AMERICAN FUNDS1 year Service code 15 · EIN 95-6817943 | Recordkeeping | $7,275 |
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 | $5,697 | $41,151-86.2% | $80,648-92.9% | $71,529-92.0% |
| Participation rate | 99.2% | 50.2%+48.9pp | 67.0%+32.2pp | 67.9%+31.2pp |
| Annual return | 22.32% | 38.49%-16.2pp | 937.21%-914.9pp | 28.97%-6.7pp |
| Employer contribution / active EE | $621 | $1,513-59.0% | $2,724-77.2% | $2,590-76.0% |
| Participant deferral / active EE | $1,813 | $2,700-32.9% | $4,443-59.2% | $4,291-57.8% |
| Admin fee / account holder | $50 | $1,842-97.3% | $5,382-99.1% | $1,588-96.9% |