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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $39,639 |
Service code 27 · EIN 04-2675571 | Advisory (Plan) | $30,392 |
ELLIS BENEFITS GROUP, INC.4 years Filed as: ELLIS BENEFITS GROUP Service code 15 · EIN 62-1417683 | Recordkeeping | $5,958 |
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 | $149,294 | $84,499+76.7% | $125,391+19.1% | $66,949+123.0% |
| Participation rate | 75.8% | 76.4%-0.6pp | 82.4%-6.6pp | 69.8%+6.0pp |
| Annual return | -16.68% | -8.49%-8.2pp | 572.41%-589.1pp | 1.57%-18.3pp |
| Employer contribution / active EE | $2,465 | $3,554-30.6% | $4,816-48.8% | $2,545-3.2% |
| Participant deferral / active EE | $6,477 | $6,785-4.5% | $7,448-13.0% | $4,239+52.8% |
| Admin fee / account holder | $613 | $685-10.5% | $10,009-93.9% | $594+3.2% |