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| Provider | Service type | Compensation |
|---|---|---|
BB&T3+ years Service code 19 · EIN 56-1368984 | Securities Custodian | $35,204 |
PRONVEST1 year Service code 26 · EIN 62-1823351 | Advisory (Participants) | $28,265 |
BB&T IIA3+ years Service code 27 · EIN 57-0956597 | Advisory (Plan) | $20,162 |
Filed as: BIRNBREY,MINSK, MINSK & PERLING LLC Service code 10 · EIN 58-0644812 | Accounting | $8,450 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $97,765 | $71,192+37.3% | $117,861-17.1% | $62,293+56.9% |
| Participation rate | 98.7% | 74.2%+24.5pp | 79.7%+19.1pp | 69.5%+29.2pp |
| Annual return | 16.30% | 18.66%-2.4pp | 335.11%-318.8pp | 28.90%-12.6pp |
| Employer contribution / active EE | $1,633 | $1,934-15.6% | $3,786-56.9% | $2,042-20.0% |
| Participant deferral / active EE | $4,921 | $3,189+54.3% | $4,482+9.8% | $3,169+55.3% |
| Admin fee / account holder | $347 | $587-40.8% | $8,021-95.7% | $479-27.5% |