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| Provider | Service type | Compensation |
|---|---|---|
AMERITAS LIFE INSURANCE CORP2 years Service code 12 · EIN 47-0098400 | Participant communication; Participan... | $105,848 |
BKS RETIREMENT SERVICES1 year Filed as: BKS FINANCIAL INVESTMENTS LLC Service code 17 · EIN 84-1921272 | Pension Consulting | $68,786 |
MARTIN & ASSOCIATES PL3 years Service code 10 · EIN 82-0553529 | Accounting | $13,200 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $6,240 |
Service code 19 | Securities Custodian | $0 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,472 | $45,109+74.0% | $85,240-7.9% | $77,762+0.9% |
| Participation rate | 46.3% | 48.7%-2.4pp | 67.5%-21.3pp | 70.6%-24.3pp |
| Annual return | 9.26% | 79.55%-70.3pp | 66.75%-57.5pp | 31.27%-22.0pp |
| Employer contribution / active EE | $1,315 | $1,602-17.9% | $2,735-51.9% | $2,728-51.8% |
| Participant deferral / active EE | $2,800 | $2,814-0.5% | $4,527-38.2% | $4,651-39.8% |
| Admin fee / account holder | $547 | $915-40.2% | $6,165-91.1% | $433+26.4% |