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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $37,228 |
Service code 99 · EIN 45-2514987 | Other Fees | $15,763 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $37,215 | $54,573-31.8% | $90,970-59.1% | $73,497-49.4% |
| Participation rate | 68.9% | 61.2%+7.7pp | 69.0%-0.1pp | 70.7%-1.8pp |
| Annual return | 12.02% | 16.69%-4.7pp | 134.60%-122.6pp | 28.51%-16.5pp |
| Employer contribution / active EE | $132 | $991-86.6% | $2,122-93.8% | $2,270-94.2% |
| Participant deferral / active EE | $2,820 | $2,517+12.0% | $3,373-16.4% | $3,740-24.6% |
| Admin fee / account holder | $260 | $521-50.1% | $5,961-95.6% | $513-49.3% |