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| Provider | Service type | Compensation |
|---|---|---|
HK FINANCIAL SERVICES4 years Service code 15 · EIN 42-1447865 | Recordkeeping | $82,280 |
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 | $115,789 | $52,961+118.6% | $172,752-33.0% | $65,185+77.6% |
| Participation rate | 86.7% | 66.2%+20.5pp | 82.6%+4.1pp | 70.2%+16.5pp |
| Annual return | 23.02% | 30.12%-7.1pp | 802.97%-780.0pp | 29.38%-6.4pp |
| Employer contribution / active EE | $7,022 | $2,190+220.6% | $5,144+36.5% | $2,177+222.6% |
| Participant deferral / active EE | $5,565 | $2,471+125.2% | $5,198+7.1% | $3,514+58.4% |
| Admin fee / account holder | $522 | $472+10.5% | $13,955-96.3% | $847-38.4% |