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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 06-1050034 | Contract Administrator | $51,636 |
GREENSPRING ADVISORS, LLC2+ years Filed as: GREENSPRING WEALTH MANAGEMENT INC Service code 27 · EIN 20-8052881 | Advisory (Plan) | $41,000 |
SMITH & HOWARD, PC2+ years Filed as: SMITH & HOWARD Service code 10 · EIN 58-1250486 | Accounting | $12,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $69,176 | $36,916+87.4% | $156,551-55.8% | $57,658+20.0% |
| Participation rate | 98.9% | 63.4%+35.4pp | 84.0%+14.8pp | 70.2%+28.6pp |
| Annual return | 8.91% | 12.38%-3.5pp | 32.23%-23.3pp | 5.13%+3.8pp |
| Employer contribution / active EE | $4,396 | $1,571+179.9% | $5,501-20.1% | $1,974+122.7% |
| Participant deferral / active EE | $4,348 | $1,926+125.8% | $4,871-10.7% | $3,061+42.1% |
| Admin fee / account holder | $376 | $82+355.9% | $13,028-97.1% | $95+297.8% |