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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.1 year Service code 15 · EIN 23-1945930 | Recordkeeping | $990 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,268 | $66,310-84.5% | $93,606-89.0% | $65,185-84.2% |
| Participation rate | 67.5% | 74.0%-6.5pp | 75.8%-8.3pp | 70.2%-2.7pp |
| Annual return | 34.54% | 42.58%-8.0pp | 32.76%+1.8pp | 29.38%+5.2pp |
| Employer contribution / active EE | $1,430 | $2,012-28.9% | $2,718-47.4% | $2,177-34.3% |
| Participant deferral / active EE | $2,123 | $3,342-36.5% | $4,069-47.8% | $3,514-39.6% |
| Admin fee / account holder | $37 | $6,897-99.5% | $7,888-99.5% | $847-95.6% |