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| Provider | Service type | Compensation |
|---|---|---|
PENSION ASSURANCE LLP3 years Filed as: THE PENSION STUDIO, LLC Service code 13 1226 OMAR ROAD · WEST PALM BEACH, FL 33405 | Contract Administrator | $2,045 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $1,397 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $45,614 | $50,175-9.1% | $99,475-54.1% | $65,185-30.0% |
| Participation rate | 68.6% | 68.4%+0.2pp | 73.8%-5.2pp | 70.2%-1.6pp |
| Annual return | 19.57% | 25.36%-5.8pp | 30.72%-11.1pp | 29.38%-9.8pp |
| Employer contribution / active EE | $1,778 | $1,496+18.9% | $2,540-30.0% | $2,177-18.3% |
| Participant deferral / active EE | $4,107 | $2,748+49.5% | $3,619+13.5% | $3,514+16.9% |
| Admin fee / account holder | $333 | $398-16.2% | $6,252-94.7% | $847-60.7% |