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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.4 years Service code 15 · EIN 23-1945930 | Recordkeeping | $5,130 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $31,219 | $78,419-60.2% | $133,971-76.7% | $73,412-57.5% |
| Participation rate | 66.0% | 78.6%-12.6pp | 79.8%-13.9pp | 72.2%-6.2pp |
| Annual return | 15.56% | 33.35%-17.8pp | 45.09%-29.5pp | 59.30%-43.7pp |
| Employer contribution / active EE | $1,296 | $2,044-36.6% | $3,919-66.9% | $2,234-42.0% |
| Participant deferral / active EE | $3,343 | $3,925-14.8% | $5,047-33.8% | $3,806-12.1% |
| Admin fee / account holder | $14 | $161-91.2% | $8,929-99.8% | $158-91.0% |