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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $52,280 |
FARMER & BETTS4 years Filed as: FARMER & BETTS, INC Service code 13 · EIN 94-3322438 | Contract Administrator | $27,010 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $18,110 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,796 | $84,493-87.2% | $125,381-91.4% | $66,938-83.9% |
| Participation rate | 83.6% | 76.4%+7.1pp | 82.4%+1.2pp | 69.8%+13.7pp |
| Annual return | -18.19% | -8.49%-9.7pp | 572.31%-590.5pp | 1.58%-19.8pp |
| Employer contribution / active EE | $0 | $3,554-100.0% | $4,815-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $4,010 | $6,783-40.9% | $7,448-46.2% | $4,238-5.4% |
| Admin fee / account holder | $370 | $685-45.9% | $10,007-96.3% | $594-37.6% |