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| Provider | Service type | Compensation |
|---|---|---|
Filed as: AVANTAX RETIREMENT PLAN SERVCIES Service code 15 · EIN 42-1447865 | Recordkeeping | $89,209 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $122,294 | $65,092+87.9% | $143,799-15.0% | $66,938+82.7% |
| Participation rate | 100.0% | 65.2%+34.8pp | 80.3%+19.7pp | 69.8%+30.2pp |
| Annual return | -24.40% | -11.14%-13.3pp | -0.04%-24.4pp | 1.58%-26.0pp |
| Employer contribution / active EE | $8,037 | $2,362+240.3% | $4,952+62.3% | $2,545+215.8% |
| Participant deferral / active EE | $6,021 | $2,920+106.2% | $5,638+6.8% | $4,238+42.1% |
| Admin fee / account holder | $493 | $502-1.9% | $14,677-96.6% | $594-17.0% |