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| Provider | Service type | Compensation |
|---|---|---|
Filed as: NESTEGGS RETIREMENT PLAN SVCS, INC. Service code 12 · EIN 59-3664112 | Recordkeeping fees; Claims processing... | $191,682 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $51,128 | $44,980+13.7% | $85,063-39.9% | $77,692-34.2% |
| Participation rate | 71.4% | 48.6%+22.8pp | 67.5%+3.9pp | 70.6%+0.8pp |
| Annual return | 95.67% | 79.13%+16.5pp | 66.54%+29.1pp | 31.25%+64.4pp |
| Employer contribution / active EE | $2,234 | $1,607+39.0% | $2,727-18.1% | $2,726-18.1% |
| Participant deferral / active EE | $4,685 | $2,804+67.1% | $4,523+3.6% | $4,648+0.8% |
| Admin fee / account holder | $329 | $911-63.9% | $6,155-94.7% | $431-23.6% |