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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $25,814 |
Filed as: GALLAGHER BENEFIT SERVICES, INC Service code 16 · EIN 36-4291971 | Consulting | $8,750 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $36,448 | $84,499-56.9% | $125,391-70.9% | $66,949-45.6% |
| Participation rate | 64.3% | 76.4%-12.1pp | 82.4%-18.1pp | 69.8%-5.5pp |
| Annual return | -17.65% | -8.49%-9.2pp | 572.41%-590.1pp | 1.57%-19.2pp |
| Employer contribution / active EE | $686 | $3,554-80.7% | $4,816-85.8% | $2,545-73.1% |
| Participant deferral / active EE | $4,768 | $6,785-29.7% | $7,448-36.0% | $4,239+12.5% |
| Admin fee / account holder | $200 | $685-70.9% | $10,009-98.0% | $594-66.4% |