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| Provider | Service type | Compensation |
|---|---|---|
Service code 34 7050 FAIN PARK DRIVE, SUITE 12 · MONTGOMERY, AL 361240098 | Participant communication; Participan... | $15,177 |
CARR, RIGGS & INGRAM, LLC8+ years Filed as: CARR, RIGGS & INGRAM Service code 49 7550 HALCYON SUMMIT DRIVE · MONTGOMERY, AL 36117 | Other Services | $15,000 |
NATIONWIDE8+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $8,627 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,519 | $73,839-54.6% | $143,788-76.7% | $68,495-51.1% |
| Participation rate | 23.3% | 66.7%-43.4pp | 80.3%-57.0pp | 67.9%-44.6pp |
| Annual return | -15.50% | 1.01%-16.5pp | -0.03%-15.5pp | -7.84%-7.7pp |
| Employer contribution / active EE | $611 | $3,184-80.8% | $4,952-87.7% | $2,596-76.4% |
| Participant deferral / active EE | $956 | $3,384-71.8% | $5,638-83.0% | $4,028-76.3% |
| Admin fee / account holder | $0 | $5,755-100.0% | $14,675-100.0% | $5,403-100.0% |