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| Provider | Service type | Compensation |
|---|---|---|
ACTUARIAL BENEFITS CORP1+ years Filed as: ACTUARIAL CONSULTING GROUP Service code 14 · EIN 54-1583006 1640 HUGUENOT ROAD · MIDLOTHIAN, VA 23113 | Plan Administrator | $44,401 |
ASCENSUS LLC1+ years Filed as: ASCENSUS, INC. Service code 15 · EIN 11-3665754 200 DRYDEN ROAD, SUITE 1000 · DRESHER, PA 19025 | Recordkeeping | $19,060 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $61,456 | $53,412+15.1% | $68,509-10.3% | $52,331+17.4% |
| Participation rate | 100.0% | 71.7%+28.3pp | 74.7%+25.3pp | 68.1%+31.9pp |
| Annual return | -1.94% | 3.42%-5.4pp | 8.27%-10.2pp | 4.54%-6.5pp |
| Employer contribution / active EE | $1,630 | $1,607+1.4% | $2,278-28.4% | $1,882-13.4% |
| Participant deferral / active EE | $2,754 | $2,688+2.5% | $3,382-18.6% | $3,022-8.9% |
| Admin fee / account holder | $340 | $461-26.1% | $5,275-93.5% | $592-42.4% |