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| Provider | Service type | Compensation |
|---|---|---|
401K GENERATION2 years Filed as: 401K GENERATION INC. Service code 15 · EIN 26-4477125 237 S WESTMONTE DR. · ALTAMONTE SPRINGS, FL 32714 | Recordkeeping | $46,947 |
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $20,939 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,172 | $51,226+11.6% | $82,744-30.9% | $66,938-14.6% |
| Participation rate | 88.6% | 67.9%+20.7pp | 72.6%+16.0pp | 69.8%+18.8pp |
| Annual return | 133.98% | -9.61%+143.6pp | 702.22%-568.2pp | 1.58%+132.4pp |
| Employer contribution / active EE | $2,166 | $2,612-17.1% | $3,008-28.0% | $2,545-14.9% |
| Participant deferral / active EE | $6,142 | $3,460+77.5% | $4,395+39.8% | $4,238+44.9% |
| Admin fee / account holder | $378 | $416-9.0% | $5,325-92.9% | $594-36.3% |