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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BARNES-PETTEY FINANCIAL ADVISORS Service code 26 · EIN 20-8167191 | Advisory (Participants) | $10,491 |
Filed as: DUNCAN WILLIAM ASSET MANAGEMENT Service code 26 · EIN 47-3030907 | Advisory (Participants) | $2,983 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $37,338 | $44,764-16.6% | $68,803-45.7% | $64,824-42.4% |
| Participation rate | 34.1% | 64.8%-30.7pp | 69.0%-34.9pp | 71.5%-37.4pp |
| Annual return | -13.93% | -10.91%-3.0pp | -6.37%-7.6pp | 32.84%-46.8pp |
| Employer contribution / active EE | $689 | $1,775-61.2% | $2,656-74.0% | $2,507-72.5% |
| Participant deferral / active EE | $1,887 | $3,238-41.7% | $3,942-52.1% | $4,311-56.2% |
| Admin fee / account holder | $303 | $151+100.2% | $4,936-93.9% | $188+61.3% |