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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 06-1050034 | Contract Administrator | $63,838 |
PENSIONMARK FINANCIAL GROUP LLC2+ years Service code 27 · EIN 61-1758632 | Advisory (Plan) | $35,658 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $41,139 | $32,425+26.9% | $74,577-44.8% | $55,167-25.4% |
| Participation rate | 100.0% | 54.0%+46.0pp | 68.1%+31.9pp | 69.0%+31.0pp |
| Annual return | 8.60% | 10.63%-2.0pp | 20.47%-11.9pp | 169.23%-160.6pp |
| Employer contribution / active EE | $1,144 | $1,043+9.6% | $2,525-54.7% | $1,963-41.7% |
| Participant deferral / active EE | $5,735 | $1,995+187.5% | $3,458+65.8% | $3,054+87.8% |
| Admin fee / account holder | $310 | $748-58.6% | $4,138-92.5% | $504-38.5% |