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| Provider | Service type | Compensation |
|---|---|---|
HK FINANCIAL SERVICES2 years Service code 15 · EIN 42-1447865 | Recordkeeping | $68,464 |
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 | $72,298 | $55,453+30.4% | $170,435-57.6% | $62,293+16.1% |
| Participation rate | 100.0% | 66.4%+33.6pp | 83.6%+16.4pp | 69.5%+30.5pp |
| Annual return | 16.79% | 21.38%-4.6pp | 205.94%-189.2pp | 28.90%-12.1pp |
| Employer contribution / active EE | $7,210 | $2,164+233.2% | $5,432+32.7% | $2,042+253.0% |
| Participant deferral / active EE | $5,464 | $2,303+137.3% | $4,939+10.6% | $3,169+72.4% |
| Admin fee / account holder | $351 | $455-22.8% | $13,881-97.5% | $479-26.8% |