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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 304 SAUNDERS ROAD · RIVERWOODS, IL 60015 | Recordkeeping | $11,462 |
HUGHES, SNELL & COMPANY1 year Service code 10 1470 ROYAL PALM SQUARE BLVD. · FORT MYERS, FL 33919 | Accounting | $10,000 |
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 | $34,679 | $58,895-41.1% | $178,503-80.6% | $73,497-52.8% |
| Participation rate | 37.3% | 66.2%-28.9pp | 81.9%-44.6pp | 70.7%-33.4pp |
| Annual return | 28.86% | 24.86%+4.0pp | 151.12%-122.3pp | 28.51%+0.3pp |
| Employer contribution / active EE | $1,526 | $2,236-31.7% | $5,011-69.5% | $2,270-32.8% |
| Participant deferral / active EE | $3,415 | $2,567+33.0% | $5,202-34.4% | $3,740-8.7% |
| Admin fee / account holder | $414 | $400+3.5% | $13,987-97.0% | $513-19.2% |