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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 47-0098400 | Participant communication; Other serv... | $18,119 |
Filed as: HEALTHEQUITY RETIREMENT SERVICES, L Service code 12 · EIN 82-1222973 | Investment advisory (plan); Direct pa... | $13,935 |
MATRIX TRUST COMPANY4 years Service code 19 · EIN 75-3182674 | Securities Custodian | $696 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,511 | $56,638-79.7% | $169,397-93.2% | $74,473-84.5% |
| Participation rate | 88.5% | 67.5%+21.0pp | 77.2%+11.4pp | 70.7%+17.8pp |
| Annual return | 16.06% | 24.75%-8.7pp | 406.23%-390.2pp | 34.36%-18.3pp |
| Employer contribution / active EE | $408 | $2,027-79.9% | $4,013-89.8% | $2,638-84.5% |
| Participant deferral / active EE | $1,788 | $4,223-57.7% | $6,223-71.3% | $4,530-60.5% |
| Admin fee / account holder | $98 | $307-68.1% | $9,017-98.9% | $347-71.8% |