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| Provider | Service type | Compensation |
|---|---|---|
EMPLOYEE FIDUCIARY, LLC4+ years Service code 15 · EIN 61-1579239 250 STATE STREET · MOBILE, AL 36603 | Recordkeeping | $5,089 |
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 | $34,177 | $63,114-45.8% | $92,915-63.2% | $65,186-47.6% |
| Participation rate | 19.3% | 68.8%-49.5pp | 76.0%-56.7pp | 70.2%-50.9pp |
| Annual return | 19.98% | 28.75%-8.8pp | 109.45%-89.5pp | 29.39%-9.4pp |
| Employer contribution / active EE | $0 | $2,571-100.0% | $3,653-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $453 | $3,108-85.4% | $4,238-89.3% | $3,514-87.1% |
| Admin fee / account holder | $154 | $624-75.3% | $5,796-97.3% | $847-81.8% |