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| Provider | Service type | Compensation |
|---|---|---|
BANCO1 year Service code 25 · EIN 66-0561870 | Directed Trustee | $63,610 |
BDO USA, LLP1 year Filed as: BDO USA, P.C. Service code 10 · EIN 13-5381590 | Accounting | $42,750 |
Filed as: VOYA RETIREMENT ADVISORS Service code 26 · EIN 22-1862786 | Advisory (Participants) | $37,498 |
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 37 · EIN 04-3516284 | Loan Processing | $20,662 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,484 | $97,648-0.2% | $121,663-19.9% | $87,485+11.4% |
| Participation rate | 85.2% | 70.5%+14.7pp | 74.5%+10.7pp | 68.9%+16.3pp |
| Annual return | 13.69% | 18.03%-4.3pp | 147.54%-133.8pp | 26.06%-12.4pp |
| Employer contribution / active EE | $1,243 | $2,300-46.0% | $3,020-58.8% | $2,596-52.1% |
| Participant deferral / active EE | $5,799 | $3,923+47.8% | $4,887+18.7% | $4,274+35.7% |
| Admin fee / account holder | $516 | $11,100-95.4% | $14,289-96.4% | $7,775-93.4% |