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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PROVENANCE WEALTH ADVISORS LLC Service code 27 | Advisory (Plan) | $15,330 |
ROSALINE MENDOZA CPA PA1 year Service code 10 · EIN 36-3429599 | Accounting | $4,506 |
DEFINITI LLC2 years Filed as: DEFINITI, LLC Service code 13 · EIN 85-0833363 | Contract Administrator | $1,589 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 | Recordkeeping Fees | $550 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $20,972 | $86,655-75.8% | $119,622-82.5% | $66,938-68.7% |
| Participation rate | 100.0% | 75.6%+24.4pp | 79.3%+20.7pp | 69.8%+30.2pp |
| Annual return | -16.41% | -8.00%-8.4pp | -14.98%-1.4pp | 1.58%-18.0pp |
| Employer contribution / active EE | $0 | $2,536-100.0% | $4,232-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $645 | $4,358-85.2% | $5,601-88.5% | $4,238-84.8% |
| Admin fee / account holder | $197 | $755-73.9% | $10,328-98.1% | $594-66.8% |