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| Provider | Service type | Compensation |
|---|---|---|
CLIFTONLARSONALLEN LLP1 year Filed as: CLIFTONLARSONALLEN Service code 10 1300 WOODFIELD ROAD · SCHAUMBURG, IL 60173 | Accounting | $9,124 |
Service code 15 304 SAUNDERS ROAD · RIVERWOODS, IL 60015 | Recordkeeping | $6,794 |
Filed as: INDEPENDENT FINANCIAL GROUP Service code 26 12671 HIGH BLUFF DRIVE · SAN DIEGO, CA 92130 | Advisory (Participants) | $2,352 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $26,299 | $52,967-50.3% | $172,753-84.8% | $65,186-59.7% |
| Participation rate | 31.5% | 66.2%-34.7pp | 82.6%-51.2pp | 70.2%-38.7pp |
| Annual return | 32.44% | 30.12%+2.3pp | 803.00%-770.6pp | 29.39%+3.1pp |
| Employer contribution / active EE | $1,363 | $2,190-37.8% | $5,144-73.5% | $2,177-37.4% |
| Participant deferral / active EE | $2,930 | $2,471+18.6% | $5,198-43.6% | $3,514-16.6% |
| Admin fee / account holder | $367 | $472-22.3% | $13,956-97.4% | $847-56.7% |