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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BANCO 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 | $94,031+3.7% | $115,768-15.8% | $82,448+18.2% |
| Participation rate | 85.2% | 70.4%+14.8pp | 74.4%+10.8pp | 68.1%+17.1pp |
| Annual return | 13.69% | 20.61%-6.9pp | 100.46%-86.8pp | 41.64%-27.9pp |
| Employer contribution / active EE | $1,243 | $2,323-46.5% | $2,940-57.7% | $2,551-51.3% |
| Participant deferral / active EE | $5,799 | $3,972+46.0% | $4,917+18.0% | $4,139+40.1% |
| Admin fee / account holder | $516 | $10,249-95.0% | $12,439-95.9% | $7,234-92.9% |