| Provider | Service type | Compensation |
|---|---|---|
Filed as: NESTEGGS RETIREMENT PLAN SERVICES, Service code 12 · EIN 59-3664112 10407 CENTURION PARKWAY N SUITE 126 · JACKSONVILLE, FL 32256 | Investment management; Named fiduciar... | $107,441 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $57,587 | $129,227-55.4% | $184,256-68.7% | $77,762-25.9% |
| Participation rate | 56.1% | 87.4%-31.2pp | 86.8%-30.7pp | 70.6%-14.5pp |
| Annual return | 187.30% | 33.24%+154.1pp | 28.85%+158.5pp | 31.27%+156.0pp |
| Employer contribution / active EE | $1,045 | $4,412-76.3% | $6,427-83.7% | $2,728-61.7% |
| Participant deferral / active EE | $2,757 | $7,307-62.3% | $9,133-69.8% | $4,651-40.7% |
| Admin fee / account holder | $347 | $256+35.5% | $13,899-97.5% | $433-19.9% |