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| Provider | Service type | Compensation |
|---|---|---|
HK FINANCIAL SERVICES1 year Service code 15 · EIN 42-1447865 | Recordkeeping | $49,522 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $62,369 | $46,732+33.5% | $156,551-60.2% | $55,167+13.1% |
| Participation rate | 100.0% | 65.8%+34.2pp | 84.0%+16.0pp | 69.0%+31.0pp |
| Annual return | 8.52% | 17.72%-9.2pp | 32.23%-23.7pp | 169.23%-160.7pp |
| Employer contribution / active EE | $10,860 | $2,105+415.9% | $5,501+97.4% | $1,963+453.4% |
| Participant deferral / active EE | $4,921 | $2,204+123.2% | $4,871+1.0% | $3,054+61.1% |
| Admin fee / account holder | $312 | $418-25.3% | $13,028-97.6% | $504-38.0% |