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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $175 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,149 | $64,286-54.7% | $90,970-68.0% | $73,412-60.3% |
| Participation rate | 14.1% | 63.6%-49.5pp | 69.0%-55.0pp | 72.2%-58.1pp |
| Annual return | 12.58% | 21.46%-8.9pp | 134.58%-122.0pp | 59.30%-46.7pp |
| Employer contribution / active EE | $309 | $895-65.5% | $2,122-85.5% | $2,234-86.2% |
| Participant deferral / active EE | $671 | $2,453-72.7% | $3,373-80.1% | $3,806-82.4% |
| Admin fee / account holder | $263 | $287-8.4% | $5,960-95.6% | $158+66.5% |