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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS2+ years Service code 15 · EIN 95-6817943 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $8,755 | $25,723-66.0% | $69,182-87.3% | $55,167-84.1% |
| Participation rate | 33.0% | 39.4%-6.5pp | 55.1%-22.1pp | 69.0%-36.0pp |
| Annual return | 5.79% | 9.56%-3.8pp | -21.93%+27.7pp | 169.23%-163.4pp |
| Employer contribution / active EE | $357 | $480-25.7% | $1,206-70.4% | $1,963-81.8% |
| Participant deferral / active EE | $480 | $963-50.1% | $1,897-74.7% | $3,054-84.3% |
| Admin fee / account holder | $95 | $365-74.1% | $2,697-96.5% | $504-81.2% |