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| Provider | Service type | Compensation |
|---|---|---|
SUMMIT CPA GROUP3 years Service code 10 · EIN 11-3730017 9815 DAWSONS CREEK BLVD · FT. WAYNE, IN 46825 | Accounting | $8,000 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,731 | $52,967-17.4% | $172,753-74.7% | $65,186-32.9% |
| Participation rate | 70.4% | 66.2%+4.2pp | 82.6%-12.2pp | 70.2%+0.2pp |
| Annual return | 22.70% | 30.12%-7.4pp | 803.00%-780.3pp | 29.39%-6.7pp |
| Employer contribution / active EE | $726 | $2,190-66.9% | $5,144-85.9% | $2,177-66.6% |
| Participant deferral / active EE | $4,352 | $2,471+76.1% | $5,198-16.3% | $3,514+23.8% |
| Admin fee / account holder | $229 | $472-51.6% | $13,956-98.4% | $847-73.0% |