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| Provider | Service type | Compensation |
|---|---|---|
EMPLOYEE FIDUCIARY, LLC3+ years Service code 15 · EIN 61-1579239 250 STATE STREET · MOBILE, AL 36603 | Recordkeeping | $5,054 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $26,722 | $55,449-51.8% | $83,831-68.1% | $56,289-52.5% |
| Participation rate | 16.9% | 68.0%-51.1pp | 76.1%-59.2pp | 69.9%-52.9pp |
| Annual return | -5.81% | -1.38%-4.4pp | 850.99%-856.8pp | -9.96%+4.2pp |
| Employer contribution / active EE | $0 | $2,430-100.0% | $3,631-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $264 | $2,935-91.0% | $4,082-93.5% | $3,350-92.1% |
| Admin fee / account holder | $149 | $656-77.3% | $5,479-97.3% | $521-71.5% |