Filed July 8, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
USI CONSULTING GROUP3+ years Service code 12 · EIN 06-1053228 | Participant loan processing; Account ... | $4,779 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,870 | $44,873-75.8% | $79,467-86.3% | $56,289-80.7% |
| Participation rate | 61.1% | 68.7%-7.7pp | 73.3%-12.3pp | 69.9%-8.8pp |
| Annual return | -3.54% | 0.81%-4.3pp | 718.30%-721.8pp | -9.96%+6.4pp |
| Employer contribution / active EE | $556 | $2,140-74.0% | $2,800-80.2% | $2,111-73.7% |
| Participant deferral / active EE | $1,135 | $2,746-58.7% | $3,704-69.3% | $3,350-66.1% |
| Admin fee / account holder | $45 | $418-89.2% | $5,104-99.1% | $521-91.3% |