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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $25,311 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported that benefits due were not provided when due.
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 | $55,412 | $69,823-20.6% | $76,872-27.9% | $74,460-25.6% |
| Participation rate | 34.3% | 70.0%-35.7pp | 69.6%-35.3pp | 70.7%-36.4pp |
| Annual return | 19.97% | 19.99%0pp | 37.90%-17.9pp | 34.38%-14.4pp |
| Employer contribution / active EE | $715 | $2,148-66.7% | $2,533-71.8% | $2,638-72.9% |
| Participant deferral / active EE | $1,580 | $3,558-55.6% | $3,832-58.8% | $4,530-65.1% |
| Admin fee / account holder | $182 | $398-54.2% | $5,476-96.7% | $348-47.6% |