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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.10+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $5,520 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $26,202 | $66,459-60.6% | $81,353-67.8% | $77,736-66.3% |
| Participation rate | 59.8% | 68.7%-8.9pp | 69.5%-9.7pp | 70.6%-10.7pp |
| Annual return | 14.32% | 15.95%-1.6pp | 24.82%-10.5pp | 31.26%-16.9pp |
| Employer contribution / active EE | $1,145 | $2,156-46.9% | $2,464-53.5% | $2,728-58.0% |
| Participant deferral / active EE | $1,489 | $3,674-59.5% | $3,885-61.7% | $4,651-68.0% |
| Admin fee / account holder | $31 | $585-94.7% | $5,766-99.5% | $433-92.8% |