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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $39,720 |
Service code 27 · EIN 04-2675571 | Advisory (Plan) | $36,460 |
ELLIS BENEFITS GROUP, INC.6 years Filed as: ELLIS BENEFITS GROUP Service code 15 · EIN 62-1417683 | Recordkeeping | $7,299 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $202,955 | $101,672+99.6% | $147,117+38.0% | $74,478+172.5% |
| Participation rate | 75.8% | 75.5%+0.3pp | 82.2%-6.4pp | 67.2%+8.6pp |
| Annual return | 13.86% | 8757.83%-8744.0pp | 420.54%-406.7pp | 1370.56%-1356.7pp |
| Employer contribution / active EE | $2,524 | $3,813-33.8% | $4,932-48.8% | $2,626-3.9% |
| Participant deferral / active EE | $6,853 | $7,305-6.2% | $8,065-15.0% | $4,350+57.5% |
| Admin fee / account holder | $1,065 | $1,753-39.2% | $12,993-91.8% | $1,946-45.2% |