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| Provider | Service type | Compensation |
|---|---|---|
HK FINANCIAL SERVICES3 years Service code 15 · EIN 42-1447865 | Recordkeeping | $87,422 |
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 | $86,715 | $47,977+80.7% | $154,108-43.7% | $56,289+54.1% |
| Participation rate | 100.0% | 66.2%+33.8pp | 83.0%+17.0pp | 69.9%+30.1pp |
| Annual return | -4.94% | 3.54%-8.5pp | 735.21%-740.1pp | -9.96%+5.0pp |
| Employer contribution / active EE | $7,445 | $2,169+243.3% | $5,298+40.5% | $2,111+252.7% |
| Participant deferral / active EE | $5,392 | $2,392+125.4% | $5,081+6.1% | $3,350+60.9% |
| Admin fee / account holder | $537 | $438+22.6% | $13,411-96.0% | $521+3.2% |