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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $38,274 |
Service code 27 · EIN 04-2675571 | Advisory (Plan) | $31,384 |
ELLIS BENEFITS GROUP, INC.5 years Filed as: ELLIS BENEFITS GROUP Service code 15 · EIN 62-1417683 | Recordkeeping | $6,243 |
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 | $177,186 | $91,417+93.8% | $135,925+30.4% | $71,476+147.9% |
| Participation rate | 80.2% | 75.7%+4.5pp | 81.9%-1.7pp | 67.9%+12.2pp |
| Annual return | 16.36% | 29.90%-13.5pp | 68.25%-51.9pp | 28.85%-12.5pp |
| Employer contribution / active EE | $2,494 | $3,704-32.7% | $4,857-48.7% | $2,589-3.7% |
| Participant deferral / active EE | $7,271 | $7,093+2.5% | $7,759-6.3% | $4,290+69.5% |
| Admin fee / account holder | $608 | $1,266-52.0% | $10,764-94.4% | $1,587-61.7% |