| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $364,005 |
Service code 16 · EIN 33-0818667 | Consulting | $112,857 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
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 | $81,730 | $41,039+99.2% | $85,240-4.1% | $99,313-17.7% |
| Participation rate | 59.8% | 34.4%+25.5pp | 67.5%-7.7pp | 71.7%-11.9pp |
| Annual return | 17.10% | 17.44%-0.3pp | 66.75%-49.7pp | 17.67%-0.6pp |
| Employer contribution / active EE | $2,101 | $1,106+90.0% | $2,735-23.2% | $3,264-35.6% |
| Participant deferral / active EE | $6,624 | $2,193+202.0% | $4,527+46.3% | $5,346+23.9% |
| Admin fee / account holder | $76 | $177-57.1% | $6,165-98.8% | $109-30.5% |