Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
CHERRY BEKAERT LLP1 year Filed as: CHERRY BEKAERT WEALTH MANAGEMENT LL Service code 27 · EIN 62-1752578 | Advisory (Plan) | $6,053 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $1,260 |
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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $43,776 | $58,726-25.5% | $92,240-52.5% | $62,293-29.7% |
| Participation rate | 44.7% | 68.3%-23.7pp | 76.5%-31.8pp | 69.5%-24.8pp |
| Annual return | 15.54% | 43.62%-28.1pp | 176.29%-160.8pp | 28.90%-13.4pp |
| Employer contribution / active EE | $846 | $2,392-64.6% | $3,680-77.0% | $2,042-58.6% |
| Participant deferral / active EE | $2,616 | $2,766-5.4% | $3,897-32.9% | $3,169-17.4% |
| Admin fee / account holder | $104 | $556-81.2% | $5,194-98.0% | $479-78.2% |