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| Provider | Service type | Compensation |
|---|---|---|
PALLAS CAPITAL ADVISORS4 years Filed as: PALLAS CAPITAL ADVISORS, LLC Service code 15 · EIN 83-4556573 | Recordkeeping | $36,949 |
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $29,931 |
Service code 15 · EIN 57-0940019 | Recordkeeping | $19,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,165 | $87,132-10.3% | $105,624-26.0% | $80,959-3.5% |
| Participation rate | 94.0% | 70.4%+23.5pp | 75.3%+18.7pp | 67.7%+26.3pp |
| Annual return | 9.51% | 17.03%-7.5pp | 116.20%-106.7pp | 35.67%-26.2pp |
| Employer contribution / active EE | $2,513 | $2,397+4.8% | $3,168-20.7% | $2,757-8.9% |
| Participant deferral / active EE | $7,681 | $3,985+92.7% | $5,013+53.2% | $4,300+78.6% |
| Admin fee / account holder | $627 | $8,449-92.6% | $10,961-94.3% | $6,925-90.9% |