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| Provider | Service type | Compensation |
|---|---|---|
SOUTH STATE RPS8 years Service code 15 · EIN 27-1803704 | Recordkeeping | $57,305 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $87,382 | $101,591-14.0% | $147,096-40.6% | $74,429+17.4% |
| Participation rate | 91.2% | 75.5%+15.6pp | 82.2%+9.0pp | 67.2%+24.0pp |
| Annual return | 18.70% | 8746.45%-8727.7pp | 419.75%-401.0pp | 1368.38%-1349.7pp |
| Employer contribution / active EE | $3,637 | $3,813-4.6% | $4,936-26.3% | $2,625+38.6% |
| Participant deferral / active EE | $4,632 | $7,302-36.6% | $8,071-42.6% | $4,348+6.5% |
| Admin fee / account holder | $343 | $1,750-80.4% | $13,005-97.4% | $1,944-82.4% |