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| Provider | Service type | Compensation |
|---|---|---|
AMERITAS LIFE INSURANCE CORP2 years Service code 12 · EIN 47-0098400 | Claims processing; Other services; Pa... | $128,629 |
BENSOURCE EMPLOYEE BENEFITS6 years Service code 26 · EIN 27-1598845 | Advisory (Participants) | $87,316 |
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $14,636 |
JJM CPA1 year Service code 10 · EIN 47-2940358 | Accounting | $13,800 |
Filed as: CAMBRIDGE INVESTMENT RESEARCH, INC. Service code 50 · EIN 42-1445429 | Direct Payment | $11,907 |
SMITH & HOWARD, PC1 year Filed as: SMITH & HOWARD Service code 10 · EIN 58-1250486 | Accounting | $6,000 |
CHARLES SCHWAB & CO., INC.2 years Service code 19 | Securities Custodian | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,803 | $55,694-26.7% | $81,844-50.1% | $199,960-79.6% |
| Participation rate | 60.7% | 62.7%-2.0pp | 72.4%-11.7pp | 72.0%-11.3pp |
| Annual return | 1.06% | 19.59%-18.5pp | 778.87%-777.8pp | 34.28%-33.2pp |
| Employer contribution / active EE | $1,733 | $2,114-18.0% | $2,916-40.6% | $3,036-42.9% |
| Participant deferral / active EE | $2,478 | $3,299-24.9% | $4,323-42.7% | $5,087-51.3% |
| Admin fee / account holder | $284 | $348-18.5% | $7,355-96.1% | $269+5.3% |