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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 304 SAUNDERS ROAD · RIVERWOODS, IL 60015 | Recordkeeping | $13,021 |
Filed as: INDEPENDENT FINANCIAL GROUP Service code 26 12636 HIGH BLUFF DR., SUITE 100 · SAN DIEGO, CA 92130 | Advisory (Participants) | $7,322 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,064 | $65,092-43.1% | $143,799-74.2% | $66,938-44.6% |
| Participation rate | 42.2% | 65.2%-23.0pp | 80.3%-38.1pp | 69.8%-27.6pp |
| Annual return | -23.30% | -11.14%-12.2pp | -0.04%-23.3pp | 1.58%-24.9pp |
| Employer contribution / active EE | $1,396 | $2,362-40.9% | $4,952-71.8% | $2,545-45.2% |
| Participant deferral / active EE | $3,122 | $2,920+6.9% | $5,638-44.6% | $4,238-26.3% |
| Admin fee / account holder | $280 | $502-44.4% | $14,677-98.1% | $594-52.9% |