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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 16-1450952 | Recordkeeping | $39,204 |
ENTERPRISE BANK & TRUST1 year Service code 27 · EIN 43-1706259 | Advisory (Plan) | $15,925 |
CHARLES SCHWAB & CO., INC.2 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,797 | $52,293-44.9% | $178,503-83.9% | $73,412-60.8% |
| Participation rate | 65.3% | 65.3%-0.1pp | 81.9%-16.7pp | 72.2%-6.9pp |
| Annual return | 15.32% | 34.75%-19.4pp | 151.12%-135.8pp | 59.30%-44.0pp |
| Employer contribution / active EE | $527 | $1,736-69.6% | $5,011-89.5% | $2,234-76.4% |
| Participant deferral / active EE | $2,830 | $2,333+21.3% | $5,202-45.6% | $3,806-25.7% |
| Admin fee / account holder | $225 | $127+76.7% | $13,987-98.4% | $158+42.5% |