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| Provider | Service type | Compensation |
|---|---|---|
Filed as: AVANTAX RETIREMENT PLAN SERVCIES Service code 15 · EIN 42-1447865 | Recordkeeping | $101,090 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $186,155 | $61,356+203.4% | $149,696+24.4% | $71,511+160.3% |
| Participation rate | 78.3% | 62.5%+15.8pp | 78.8%-0.5pp | 67.9%+10.4pp |
| Annual return | 20.14% | 35.86%-15.7pp | 134.46%-114.3pp | 28.86%-8.7pp |
| Employer contribution / active EE | $8,811 | $2,382+269.9% | $4,821+82.8% | $2,589+240.3% |
| Participant deferral / active EE | $6,730 | $2,920+130.5% | $5,682+18.5% | $4,291+56.9% |
| Admin fee / account holder | $683 | $1,263-45.9% | $13,212-94.8% | $1,588-57.0% |