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| Provider | Service type | Compensation |
|---|---|---|
SUMMIT CPA GROUP1 year Service code 10 · EIN 11-3730017 9815 DAWSONS CREEK BLVD · FT. WAYNE, IN 46825 | Accounting | $10,800 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,535 | $55,453-46.7% | $170,435-82.7% | $62,293-52.6% |
| Participation rate | 50.0% | 66.4%-16.4pp | 83.6%-33.6pp | 69.5%-19.5pp |
| Annual return | 49.72% | 21.38%+28.3pp | 205.94%-156.2pp | 28.90%+20.8pp |
| Employer contribution / active EE | $579 | $2,164-73.2% | $5,432-89.3% | $2,042-71.6% |
| Participant deferral / active EE | $3,595 | $2,303+56.1% | $4,939-27.2% | $3,169+13.4% |
| Admin fee / account holder | $193 | $455-57.5% | $13,881-98.6% | $479-59.7% |